AdvanX is a digital first mobile app based loan service platform operated by AdvanX Fintech Private Limited (AFPL) established to offer affordable and financially viable credit solutions to underserved customer segments. It also acts as a lead generation engine for its partner lender Banks/FI’s.
AdvanX is acquiring an existing NBFC for which application for change of management control is in process to be rechristened as ‘AdvanX Capital Private Limited’ (ACPL), a Non-Banking finance Company to be the group owned NBFC arm registered with Reserve Bank of India (RBI).
AdvanX key focus is on financially empowering its customers including the blue collared workforce and other unserved segments engaged in different industry sectors to meet their immediate financial needs providing them fast and hassle free customer service experience for their borrowing needs.
AdvanX aspires to be the preferred B2B2C service platform for corporate employers and be an entrusted loan service partner to cater to the financial needs of their workforce. AdvanX intends to create a positive impact on productivity of its client’s employees and other customers by providing them an additional financial flexibility option for their genuine personal financial needs for instance, paying medical bills, education fees, wedding expenses, traveling, personal debts and other approved purposes etc. at affordable rates.
AdvanX is promoted by an experienced team of professionals from consulting, banking and technology domains who have come together to engage with the next billion user customer segments with digital age innovative credit product solutions.
Our underwriting credit scoring model to serve as a catalyst for this segment of borrowers which could be roped into the mainstream financial system by helping them build its credit history with our primary offering of unsecured personal loans. The use of new age technology and prudent credit appraisal methodology to ensure that the company builds a quality credit portfolio at optimal costs
Team AdvanX is committed to its objective of creating a far reaching financial inclusion impact and is enthused to build a trusted loan service platform.
Establish AdvanX as a preferred financial service provider and evolve into a full stack data driven digital lending platform to make financial inclusion a reality for the next billion users.
To be the pioneer in digital financial services and innovation empowering lives of blue collared workers and underserved segments providing them affordable and trustable financial solutions through use of technology
Create a sustainable and scalable business model having wider Social Impact by providing affordable credit to our customers