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Beak Pay

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Loan servicing platform enhancing payment collection for financial institutions.

Overview

Beak Pay is a fintech company that specializes in loan servicing solutions for banks, with an emphasis on the management of loan portfolios. The platform includes a mobile application aimed at facilitating payment collection for various financial products, such as chit funds, lean EMI, and pick-me businesses, which addresses certain operational challenges encountered by financial institutions. Notable features of the platform include Bluetooth bill printing, SMS and WhatsApp payment alerts, and integration with core banking systems, which are intended to enhance borrower engagement and streamline payment processes. The system is cloud-based, offering live reporting and notifications that allow finance managers to monitor performance and potentially improve business operations. Beak Pay's offerings are structured to assist financial institutions in optimizing their loan servicing capabilities while adhering to regulatory requirements.

Key facts

Founded
2017
Headquarters
Bengaluru, India

Business model

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About Beak Pay

What does Beak Pay do?

Beak Pay is a fintech company that specializes in loan servicing solutions for banks, with an emphasis on the management of loan portfolios.

Where is Beak Pay headquartered?

Beak Pay is headquartered in Bengaluru, India.

When was Beak Pay founded?

Beak Pay was founded in 2017.

Which sector is Beak Pay in?

Beak Pay operates in Banking Technology, part of Financial Technology.

Who are Beak Pay's competitors?

Companies similar to Beak Pay include Kollekta, PrestamistAPP, and Reliconnect.