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.
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.
3.2 Million
$44.5 Million
YAP acts as a payment layer facilitating transactions between network and client
API Request
{
"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"
}
Control and track Business spends with a suite of tailor-made lending solutions for Corporate. Just-in-Time funding provides complete flexibility
Empower SMEs with funds as and when they need it. Provide credit Just-in-Time based on earnings of Merchants or draw from Overdraft accounts
Modern Credit Card issuance made fully available on APIs for innovators to design world-class experiences