How they describe themselves: ApPello is a fintech vendor of the lending industry providing front-to-back-office banking solutions, which cover all phases of the Loan Process, including Loan Origination, Credit Scoring, Collateral Handling, Loan Monitoring and Collection. Our team has a deep expertise in Credit Risk and Core Banking solutions.
ApPello has been recognized by Gartner and included as one of the Representative Emerging Digital Banking Vendors in Digital Banking Multichannel Solution Market in the Gartner’s “Market Guide for Digital Banking Multichannel Solutions”.
Our first principle is developing user-focused solutions which do not only meet the business requirements, but can be set without IT involvement.
How they describe their product/innovation: ApPello’s Loan Factory responds to the digital lending challenge. The solution is not exclusively for front-end related tasks, also supports back-end workflow, enables the automation of end-to end loan processes.
The digital platform has omnichannel capabilities and uses mobile native app as prime communication channel. We also implemented a configurable chatbot technology and so business flows can be triggered to collect necessary data from client. The lending/monitoring bot is built in the native application so all communication can be driven via this channel, just as lending processes, product selection, personal/sensitive data and scoring information collection, requesting missing documents.
Product distribution strategy: Direct to Business (B2B)