Case Study: a leading SMB lending bank achieves 18.3% portfolio growth with Scienaptic AI

AI powered underwriting for a leading SMB lending bank in India

The customer, a leading SMB lending bank in India, faced slow growth due to its over-reliance on blunt credit tools. To find new customer segments without increasing risk, the bank partnered with vendor Scienaptic AI to leverage its AI-powered underwriting platform.

Using its platform, Scienaptic AI parsed complex transaction data and augmented it with numerous other features to build a sharper acquisition scorecard. This solution enabled an 18.3% growth across the bank's portfolios within eight months. Scienaptic AI also helped achieve a 10.1% reduction in the bad rate and facilitated an additional $70 million in approved loans while maintaining the same level of risk.