Kuwy's Lending as a Service (LAAS) functionality revolutionizes the car buying experience by offering virtual stocks of cars that are posted online. Customers can explore these virtual stocks and proceed with an online loan process, eliminating the need for physical visits to showrooms. Additionally, Kuwy provides a loan portal for other used car dealerships, enabling them to offer loans to their customers seamlessly.
With Kuwy's LAAS functionality, the car buying and loan application processes are simplified, efficient, and accessible from anywhere.
Online Car Sales gains momentum with Kuwy's Lending as a Service
Building on the strength of its Point of Sale, Automotive FinTech Platform, Kuwy has launched a Lending as a Service (LaaS) offering at the Point of Search. LaaS allows car manufacturers, online dealers, car aggregator platforms & lenders to offer online financing to their customers by leveraging Kuwy's new API Suite and bringing their own branded vehicle purchase experience while offering their customers a transparent, fully automated financing solution.
Flexible and Robust API Suite - Lending as a Service (LaaS)
Kuwy's LaaS solution offers automotive players both basic and advanced integrations of the car finance journey. The API suite includes capabilities and tools designed to streamline the process and make it easier and more enjoyable for all participants - buyers, sellers, and lenders:
- Digital Credit Application submission on new, used, and certified cars
- Real-time customer loan decisioning thru Kuwy Loan Engine
- Right Lender Selection from over 25 of India's Largest Car Lenders
- Embedded Counteroffer Technology
- Access Kuwy's Proprietary Vehicle Paper Transfer Platform
- Available on both Mobile app & Desktop versions
- Easy to integrate with the existing system - website or internal LOS through API suite.
- Fully customized version available