Country for PR: Japan
Contributor: PR Newswire Europe
Friday, December 20 2019 - 17:33
Kuliza's Flagship Product Lend.In Recognized as the Top Vendor in 'Emerging Category' in the Commercial Loan Origination Report by Aite Group
BANGALORE, India, December 20, 2018/PRNewswire-AsiaNet/

    Kuliza, a leading software company, announced today that its flagship 
product Lend.In was recognized as the top vendor in 'Emerging category' by Aite 
Group in the analyst firm's 2019 report 'Commercial Loan Origination: 
Evaluating Vendors That Hone the Tip of the Spear' along with being honoured 
with the David Award.

    Aite Group, Boston-based leading independent research and advisory firm 
focused on the financial services industry, evaluated leading commercial loan 
origination vendors globally. The Impact Report explored some of the key trends 
within the Commercial Loan Origination (CLO) market and examined the ways in 
which technology is evolving to address new market needs and challenges. This 
Impact Report assessed each vendor, focusing on their stability, client 
strength, product features, and client services. The report included 
participants such as lenders, underwriters, line-of-business managers, credit 
authorities, and back-office personnel from Banking and financial services 
industry worldwide. 

    The report emphasized on how business lending is so valued by corporate 
clients that, like the tip of a spear, it creates an entry point to a business 
by giving rise to automated processes that eliminate cost, labor and isn't 
off-putting for borrowers. In addition, it also opens up opportunities for FIs 
to cross-sell far more profitable services. 

    Despite making a foray in the report for the very first time, Kuliza's 
flagship product Lend.In was commended for its strong digitalization 
capabilities and for having extensive knowledge on the less-penetrated 
Asia-Pacific market.  

    Aite Group remarks what was unique about Kuliza's CLO capability, Lend.In, 
was its recent entry to the market and its focus on the Asia-Pacific region, 
and the acquisition of its client base following the September 2017 launch of 
its loan origination platform.

    Aite Group also honoured Lend.In with the 'David Award', highlighting its 
broad scope of features and functionalities including the prevention of 
application fraud which Aite Group noted that the "Industry typically farms out 
to other vendors outside the scope of CLO."      

    Chief Business Officer at Kuliza, Achintya Gupta, said, "We're ecstatic to 
receive a positive feedback from analyst David O'Connell. We launched our 
flagship product Lend.In in 2017 and for it to be recognized as a top emerging 
vendor by a leading analyst firm, like Aite Group, in less than two years, is a 
great testament to our product. This validation would definitely act as a 
stepping stone for us to strengthen our customer and partner base, as we 
continue to invest in product innovation and growth."

    David O'Connell, Senior Analyst with Aite Group mentioned "Every industry, 
upon reaching a mature state in which it is occupied by a handful of relatively 
mature players, needs at least one David who can keep the Goliaths in check." 
He went on to say, "Currently filling that role is Kuliza, with its Lend.In 
platform. Despite its small installed base, interesting about Kuliza is a broad 
product offering, which even has some website analytics that profiles credit 
seekers, and tools for the prevention of application fraud, something about 
which I think the industry is insufficiently vigilant."

    View the full report of "Commercial Loan Origination: Evaluating Vendors 
That Hone the Tip of the Spear"[]

    About Aite Group
    Aite Group (eye-tay) is a Boston based leading independent research and 
advisory firm focused on business, technology and regulatory issues and their 
impact on the financial services industry. Aite Group's team of experts cover 
the banking, payment, wealth management, retail securities, institutional 
securities, health insurance, life insurance and P&C verticals. Visit to know more.

    About Kuliza 

    Kuliza is a leading provider of digital transformation and operational 
intelligence solutions for financial enterprises. Since 2006, Kuliza has 
executed more than 120 digital transformation projects for global startups and 
industry-leading global enterprises. Lend.In is Kuliza's flagship lending 
product, the low-code lending system for banks and lending institutions to 
increase the overall efficiencies while decreasing the cost and go-to-market 
time for customers.

    Kuliza has been recognized by Deloitte and Nasscom in the past, has won 
several industry awards like the prestigious Technoviti Award by EY and Banking 
Frontiers, Digital Transformation Partner & Best Lending System of the year for 
NBFCs by elets technomedia. It has also been mentioned by global market 
research firms like Gartner, Forrester etc.

    To learn more about Kuliza's flagship product Lend.In, visit and for more information about Kuliza, visit

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    Media Contact: 
    Manu Sreekanta 
    Head of Marketing 
    Kuliza Technologies


    Source: Kuliza Technologies