Insights | Synoriq

Stay on Top with the Latest Tech Updates

Jul 243 min read

What's new in Synoriq LMS | FY24-25 (Q1) ?

Product Improvements in FY24-25 (Q1) Three new loan products launched Builder loans Cash flow & Project Receivables Based Lending Builder...

Jul 222 min read

Everything You Wanted to Know About Core Financial Software Systems (CFSS)

The Reserve Bank of India (RBI) has mandated the implementation of Core Financial Software Systems (CFSS) for Middle Layer and NBFCs -...

May 16 min read

Demystifying RBI Fair Practice Code: A Practical Guide for "Interest Calculation from Actual Fund Disbursement Date"

On 29th April 2024, RBI released a notification on the Fair Practice Code for Lenders - Charging of Interest. In this article, I will try...

Jan 283 min read

How to manage co-lending operations with ease?

Your problem statement? Managing co-lending calculations very soon becomes difficult to handle through Excels. And a proper system is...

Jan 274 min read

Rising penetration of "Merchant Cash Advance" daily instalment loan offering

A merchant cash advance (MCA) was originally structured as a lump sum payment to a business in exchange for an agreed-upon percentage of...

Jan 273 min read

Exploring Earned Wage Access (EWA) as a Loan Product in your offering

Refyne: an Earned Wage Access (EWA) provider in India became a superfast success with its Salary-on-demand product Refyne has raised a...

Jan 274 min read

Unlocking the Potential of Loan Against Securities: A Booming Market Awaits

Loans against securities involve borrowing money with securities (such as stocks, bonds, or mutual fund units) pledged as collateral....

Jan 263 min read

Unveiling the Top 12 Reasons why Synoriq LMS Outshines its Competition

Over the last 3 years, Synoriq LMS has created a solid product offering with customer first approach. Lets understand why Synoriq LMS is...

Jan 224 min read

Dropline Overdraft: A Must-Have for Lenders in Today's Market

What is dropline OD? Its a limit based product with a time-bound principal repayment Customers are assigned a limit for a tenure based on...