InGain drives financial inclusion with its customisable loan management system

InGain is a B2B fintech company that provides a lending solution for traditional and fintech lenders, SME lenders, crowdfunding platforms, and businesses in non-finance industries looking to launch and scale their lending and financial products. 

The company aims to solve challenges in lending where traditional banks struggle to offer solutions for specific products. Their goal is to make various products more accessible to customers through lending options.

For over 10 years InGain has been supporting the consumer finance industry, fintech companies, and banks with an out-of-the box, yet fully customisable loan management system. 

On top of the core system, the company also delivers system integration services and custom feature development. InGain has executed hundreds of projects with more than 50 global clients across a variety of sectors.

I spoke to InGain CEO Armand Liseks to find out more. 

With InGain, any business can become a financier and develop new product offerings and business models. 

Its platform enables businesses to focus on their core operations without the hassle of IT management. Its no-code SaaS loan management system serves secured and unsecured instalment and credit line loans, subscription, rent-to-own, and other fintech products. 

Increasing financial inclusion and driving the circular economy

The platform can be used by all sectors from automotive to education and real estate. Its loan management system caters to both secured and unsecured business and retail loans, including instalment loans, auto leasing, mortgages, line of credit, buy-now-pay-later, payday loans, invoice factoring and more.

“We want finance to be way more inclusive. We want to give every business out there the opportunity to test whether they can build up a new business line in financing and become a FinTech.”

Liseks highlights the potential of digital transformation to streamline operations and unlock new business opportunities. 

“Companies can explore new markets, new products, use cases, and different niches. They can go live in a matter of weeks and with very little cost, go and test the markets with their MVP.”

Liseks offers the example of car dealerships which traditionally have over 200 cars in their parking lot that sit idle, depreciating in value waiting to be sold. 

“By using InGain, they can easily provide car subscriptions and leases, contributing further to the circular economy and bringing in additional revenue.”

Lenders can now scale their business without the hassle of IT management. 

According to Liseks:

“The beauty of SaaS is that you work on the product development, and maintenance simultaneously. 

But then when it comes to some edge cases and some customizations, well, then it's good luck.”

We combine these two worlds because, in addition to SaaS, we give our customers the flexibility to easily customise in a timely way—essential when a regulation changes abruptly. 

With InGain, they can make the changes themselves rather than waiting for others to prioritise their requests, which ensures their technology stack does not become outdated over time."

InGain also allows businesses to migrate from a collection of external vendors to a single system vendor “because we do A to Z, the full load management life cycle.” 

This provides tremendous cost savings—one client saved over 80 per ent on their IT operating costs. 

InGain software is also used by property investment firms to facilitate real estate development by connecting crowd-funded capital with developers.

According to Liseks, this market segment is growing rapidly, and recent regulations have made it even more attractive.

“By addressing the challenges posed by previous scams and fraudulent platforms, we can help to establish a more trustworthy and transparent industry."

One customer in Nairobi is a developer building 60,000 apartments and with plans to sell 60 per cent of those apartments as rent to own. 

“All of a sudden for the first time in their life, their customers have an opportunity to purchase a property because they are finally eligible for financing — the ability for these companies to create secured loans is how we impact end consumers for the better.”