We Build Tools To Securely Enable Financial Inclusion
Odyssey makes an unsecured loan significantly less risky for the lender by allowing the lender to manage & control the lent out device for the period of the loan. We convert a smartphone into a viable collateral for other unsecured loans like personal and consumer durable loans.
Odyssey integrates end-to-end with the lent out device on one side and the Lender’s Loan Management System on the other, as well as with device buyback, Insurance & repair companies, putting together the entire ecosystem, making it a successful program for both the user & the lender.
Odyssey manages a user’s experience on the device for the term of the loan, and impairs the device in case of loan repayment delays eventually locking the device in case of defaults
Odyssey educates these “first to credit” users about credit scores, timely payment of EMIs, how to get access to cheap credit, etc, using innovative formats to impart and internalize this knowledge
Predictive Fraud Detection
Using Machine Learning, Odyssey identifies potential fraud by modelling changes in usage pattern and takes immediate action
Business Process Integration
Odyssey’s built in business rules templates and intuitive workflow’s increase business process automation with Loan Management Systems while managing government compliance regulations.
On All Major Device Brands
Odyssey supports all major devices brands across multiple price points.
Odyssey Makes it Easy for Lenders
Multi OS-Multi Device Brand Support
Predefined Loan Lifecycle Templates
Built In Analytics
Business Process Integration for Banks & Partners
High Degree of Customization
Weekly Security Updates
Round the Clock Support
2Bn+ people the world over remain excluded from the fold of formal credit because of various reasons, primary being no credit score & no collateral that can be given out as a security. This happens daily to people we know and we care about!!
Our mission is to make the life of these 2Bn people across the world a little bit easier and a whole lot simpler using the ubiquitous smartphone. Odyssey has its roots in a real time IoT communication platform that helps enterprises to go to market faster with IoT enabled services.