Business Update4 Sept 2025, 10:12 am
Veefin Solutions to Deploy SCF Lending Stack at Suryoday Small Finance Bank
AI Summary
Suryoday Small Finance Bank has onboarded Veefin Solutions to deploy their Supply Chain Finance (SCF) lending stack, which includes the Loan Origination System (LOS), Loan Management System (LMS), and Reporting Tool. The deployment will cover all major SCF modules, facilitating streamlined lending workflows and enhanced analytics capabilities. Suryoday Small Finance Bank, headquartered in Mumbai, is a leading Small Finance Bank in India with a presence across 15 states and union territories, serving over 3.4 million customers. Veefin Solutions, a trusted technology partner for NBFCs and lending institutions, is further strengthening its position in the Indian digital lending market through this engagement.
Key Highlights
- Veefin Solutions to deploy SCF lending stack at Suryoday Small Finance Bank
- Deployment includes LOS, LMS, and Reporting Tool covering all major SCF modules
- Suryoday Small Finance Bank serves over 3.4 million customers with 700 banking outlets
- Bank recognized for financial inclusion and digital innovation
- Veefin Solutions reinforces its mission to accelerate digital lending adoption in India