Mahindra & Mahindra Financial Services Limited, (MMFSL), part of the Mahindra Group, and one of India’s leading Non-Banking Finance Company today announced a strategic integrated partnership with Nucleus Software.
This tech partnership with FinnOne Neo, the flagship product of Nucleus Software will help in strengthening the backbone for scale up. With its plug and play features, the product has the technological capability to link to partner eco-systems via various Fintech’s. Additionally, the partnership seeks to enhance the employee experience of Mahindra Finance’s backoffice and operations teams leveraging the capabilities of FinnOne Neo LMS and FinnOne Neo Collections. Additionally, the FinnOne Neo CAS would offer a strong credit backbone (CBB) to power the loan origination journey. These modules shall integrate with the entire business eco-system at Mahindra Finance through its API capabilities. Nucleus Software is a software product company that provides lending and transaction banking products to the global financial services industry, according to the statement.
Raul Rebello, MD and CEO – Designate, Mahindra Finance said, “Our constant endeavour is to ensure consistent and engaging experience to all our employees and customers. We are delighted to partner with Nucleus Software and leverage FinnOne Neo’s expertise to further strengthen and scale our loan management and servicing capabilities.”
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