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Aye Finance partners with Credgenics to enhance debt collection processes

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This collaboration aims to digitally transform Aye Finance's debt collection and resolution processes using Credgenics' advanced technology.
Aye Finance, a non-banking financial company (NBFC) focused on lending to micro, small, and medium enterprises (MSMEs), has partnered with Credgenics, a debt resolution platform, to streamline and enhance its debt collection processes. This collaboration aims to improve the efficiency of Aye Finance's loan recovery by leveraging Credgenics' technology, which includes AI-driven solutions for managing and recovering delinquent loans. The partnership will help in reducing the cost of collections, minimizing legal hassles, and improving customer experience through digital means. This move is part of Aye Finance's strategy to scale its operations and manage risk more effectively as it expands its reach to underserved MSMEs across India.

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