Flow in use

Here's how we spliced money flow for Slice

semicircle
the Challenge

No Credit history = No loan

Getting a credit line from established and traditional lenders is not a choice for individuals with no credit history. Yet, it was an untapped stream of potential borrowers with infinite possibilities.

the solution

No credit history = Slice

Slice, a fintech, was designing a credit platform to serve those potential borrowers often ignored by traditional lenders. It offered a line of credit based on the applicant's background information so that borrowers could get loans and, in turn, build their credit histories.

the outcome

Transactions - and counting...

No. of transactions

3.2 Million

amount transacted

$44.5 Million

end point overview

Workings of YAP credit platform

YAP acts as a payment layer facilitating transactions between network and client

API Request

Run 
                            
								{
	"fee": "0",
	"crdr": "C",
	"rrn": "900600884994",
	"originalRrn": "903405098122",
	"originalTxnDate": "03-Feb-2020",
	"tranDate": null,
	"txnParam": null,
	"curCode": "356",
	"senderName": null,
	"senderContryCode": null,
	"productCode": null,
	"retrievalRefNo": null,
	"senderAccountNo": null,
	"senderAddress": null,
	"systemTraceAuditNumber": null,
	"businessAppID": null,
	"channel": "FUND_POST",
	"mcc": "5541",
	"trasactionCurrency": null,
	"institutionCode": "00000014588",
	"entityId": "100000XXXX698",
	"merchantName": null,
	"traceNo": "884994",
	"proxyCardNo": "440003682",
	"transactionCurrency": "356",
	"terminalID": null,
	"merchantId": null,
	"sourceFundCode": null,
	"network": "RUPAY",
	"senderStateCode": null,
	"senderCity": null,
	"amount": "000000000300",
	"transactionAmount": "000000000300",
	"transactionType": "FUNDPOST_CREDIT",
	"txnRefNo": "0200884994020600XXXXX000001458800000014588",
	"tenant": "M2P"
}
what they say?

When we were looking out for payment infrastructure companies, we evaluated few partners in India. YAP was the only one where we saw that the team was trying to build the whole technology stack inhouse. Everyone at YAP is approachable and agile. It has been a great experience working with YAP.

Rajan Bajaj
Founder & CEO, Slice

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Yap_Team
Banking | Accounts

Offering
new-age banking

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