Overview
Indicina is a digital lending platform that provides analytics-driven credit decisions for lenders. The platform serves as a transformative financial analytics tool, driving credit inclusion in Africa, offering comprehensive credit infrastructure solutions for banks, microfinance institutions, digital lenders, and fintech companies.
Designed specifically for the African market, Indicina addresses the unique challenges of credit assessment in emerging markets by providing advanced analytics, automated decisioning engines, and complete loan management systems. The platform enables financial institutions to digitize their entire lending process while maintaining risk management and regulatory compliance.
Key Features
Originate Loan Management System
Complete white-label solution for digitizing entire lending processes from application to disbursement and collection
Decide Credit Analytics Engine
AI-powered credit decisioning with ready-to-use models accessible via dashboard or API integration
Buy Now Pay Later Solution
Flexible payment platform enabling seamless shopping experiences with transaction tracking and repayment management
Bank Statement Analysis
Advanced transaction categorization and financial behavior analysis through JSON and PDF processing capabilities
Third-Party Integration Hub
Seamless connections with credit bureaus, banks, and financial data providers for comprehensive risk assessment
Automated Workflow Engine
Streamlined loan lifecycle management with configurable approval processes and automated notifications
Real-Time Risk Monitoring
Continuous assessment and fraud detection with customizable risk parameters and alert systems
Regulatory Compliance Suite
Built-in compliance tools designed specifically for African banking regulations and reporting requirements
Pros & Cons
Advantages
- Comprehensive credit infrastructure solution
- Strong API integration capabilities
- 99.9% guaranteed uptime
- Established partnerships with major banks
- Round-the-clock expert support
Limitations
- Limited to African markets primarily
- Higher learning curve for implementation
- Pricing may be high for smaller institutions
- Limited customization in lower-tier plans
- Requires technical expertise for full utilization
Security Features
Data Protection: The platform prioritizes customer and company data safety with relevant certifications
Compliance: Built with African regulatory requirements in mind, ensuring compliance with local banking regulations
Infrastructure Security: A 99.9% uptime guarantee suggests robust infrastructure and security protocols
Third-party Integrations: Secure API connections with banks and credit bureaus
Access Controls: Multi-level user management and admin controls
Pricing & Fees
| Service | Fee | Details |
|---|---|---|
| Decide Start-Up Plan | ₦32,250/month | 100 analysis credits, JSON processing, user management, transaction tagging |
| Decide SME Plan | ₦32,250/month | All Start-Up features plus enhanced decisioning tools and analytics |
| Decide Standard Plan | ₦32,250/month | All SME features plus an advanced analytics dashboard and reporting |
| Loan Offer Engine | ₦75 (Monthly) / ₦50 (Annual) | Automated loan offer generation and management per use |
Getting Started
Detailed Ratings
Final Verdict
Indicina offers a robust, Africa-focused credit infrastructure solution that addresses real market needs. The platform’s comprehensive approach to credit decisioning and loan management makes it valuable for established financial institutions seeking digital transformation.