Case Study: a German fintech startup cuts loan approval time to 15 minutes with instinctools' automated scoring system

German Fintech Startup cuts loan approval time to 15 minutes with instinctools

The customer, a German fintech startup, faced the challenge of creating a convenient and secure loan management system to help small and middle-sized businesses pay their bills instantly. They partnered with *instinctools to build a solid software product that would provide high application speed, safety, and security while using an agile development approach.

*instinctools developed a solution featuring automated PDF recognition with Rossum AI, Salesforce CRM integration, and an automated credit scoring system. This streamlined the lending process, cutting loan approval time from 5-7 days to just 15 minutes. The solution enabled the startup to capture 38% of its target market within two months of launch.