invested in Lentra AI Private Limited.
Summary
As one of the fastest growing enterprise SaaS companies, Lentra is transforming retail finance digitally at a scale and is democratizing credit through instant credit decisioning and instantaneous processing.MUIP co-invested with MUFG in Lentra to support the companys growth journey in India and outside. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,400 locations in more than 50 countries. For more information, visit https://www.mufg.jp/english.MUFG Innovation Partners, Inc. (MUIP) is a 40 billion yen corporate venture capital firm established by MUFG to invest in fintech-related startups worldwide.Lentra provides a cloud-native digital autonomous lending platform that helps accelerate embedded banking with speed at scale. Lentra is transforming the lending space with a SaaS model that simplifies digital inclusion, making loan approvals faster and more seamless than ever before. Powered by AI & ML, Lentras API-driven modular architecture helps banks create tailored lending products and customer experiences with an astounding 96% STP rate, all resulting in increased access to the new customer base, reduced NPAs, and improved operational efficiencies.