IT services provider HCL Technologies has supported International Personal Finance (IPF) to launch its digital lending business in Poland.
HCL helped IPF to create the hapipozyczki IT platform to provide online loans to consumers and attract new customers via digital channels.
The digital transformation program has enabled IPF to reduce its application-to-loan-disbursement cycle to 15 minutes through a new digital lending platform powered with real-time analytics and process accelerators.
“While our Polish presence was growing, the business was mindful of increasing competition, particularly from online lenders,” said Doug Kleppen, IT director, IPF.
Rahul Singh, president, Financial Services, HCL Technologies, said HCL’s BeyondDigital Business Unit delivers digitalization services to Fortune500 / Global100 companies.