Dana and FintechOS announce partnership to drive seamless digital banking and embedded lending in South Asian markets

London, 30th March 2022 – Dana, an embedded lending platform that enables banks and digital platforms to offer digital loans and BNPL to SMEs and individuals through its Dana credit score API and digital lending engine, and FintechOS, a global technology provider for banks, insurers, credit unions, and other financial services companies, today unveiled a partnership to provide innovative technology solutions and strategic value propositions to financial institutions, particularly in the South Asian region. 

The combination of Dana’s AI-powered embedded lending platform and FintechOS’ high-productivity fintech infrastructure (HPFI) will enable financial institutions in Bangladesh and other South Asian markets to launch new digital lending offerings at speed, without high levels of technological expertise and investment. This partnership will also support financial institutions to rapidly build new and differentiated products that can be easily integrated into their offerings, leveraging FintechOS’ next generation digital core banking platform and Dana’s Lending-as-a-Service engine. 

“We are pleased to announce the collaboration with Dana. The promise of FintechOS’ high-productivity fintech infrastructure meets the digital lending expertise of Dana, empowering lenders to expand access to affordable credit for SMEs and individuals. FintechOS and Dana will be working together with South Asian financial institutions to create and personalize products, services, and interactions to a segment of one”, said Todi Pruteanu, VP of Ecosystem at FintechOS. 

“By partnering with FintechOS, we are expanding our capability to deliver a next generation digital banking platform to our partner banks and lenders. This is an exciting opportunity for us, and we are looking forward to working in collaboration to also enable digital platforms including e-commerce, marketplace and fintech, to offer seamless embedded lending services to a wider range of customers who can truly benefit from them”, said Gazi Yar Mohammed, co-founder & CEO of Dana. 

Media contacts: 

Dana: hello@dana.money  

FintechOS: marketing@fintechos.com 

About Dana 

Dana is an award-winning embedded lending platform that enables banks and digital platforms to offer digital loans and BNPL to SMEs and individuals through its Dana credit score API and digital lending engine. Dana’s Lending as-a-Service platform also enables digital platforms such as marketplaces, digital wallets and FMCG to offer embedded lending services to its merchants and customers.  

Dana brings credit to new-to-credit users by leveraging data-driven insights and digital lending capabilities for lending partners. 

Dana won Best Fintech Innovation Award (Tech) for digital credit scoring and digital underwriting platform at the Bangladesh Fintech Award 2021.  

Dana is building an end to end lending operating system to empower underserved SMEs and individuals with instant access to finance and enabling banks to reach out to underserved segments with scalable lending technologies. 

About FintechOS 

FintechOS solutions help banks, financial institutions, and insurers to quickly launch new services that are data-driven and focused on providing exceptional customer experiences.  

We offer digital-on-top solutions that give you the ability to reduce your reliance on outdated infrastructure, to modernize your operations, and make innovative customer journeys.  

The FintechOS platform can be rapidly deployed to the cloud or on-premise. Our pre-built modular functionalities accelerate projects, and our low-code studio allows business teams to innovate quickly.  

Find out more, visit us at https://fintechos.com/