Rapicuotas implemented MetaMap’s Onboarding solution to offer microcredits to more customers
Rapicuotas Overview
Rapicuotas, a lending company based in Argentina with over 40 branches nationwide, partnered with MetaMap to enhance its onboarding process and successfully screen risky customers.
Industry
Lending and Payments
Mission
To offer cash loans and credit purchases for retail companies
Founded in
2003
Headquarters
Argentina
Median Time to Verify
19 seconds
Main MetaMap Use Case
User Onboarding
Countries of Conducted Verifications
Argentina
Bolivia
Brazil
Chile
Cuba
Paraguay
United States
Venezuela
The Case
Challenges
_Automation of the onboarding process.
_Prevent fraud by accurately screening potentially risky customers.
_Customize the parameters to accept potential clients without credit records.
Results
_Efficient and fully automated onboarding process.
_Drastically reduced number of frauds whilst increasing the number of customers.
_Offering more opportunities for authentic financial inclusion.
Some MetaMap Tools used
Watchlist
Check
Biometric
Verification
Document
Verification
Email
Check
Location
Intelligence
Phone
Check
The problem we solve
MetaMap enables businesses to offer more services to more people by providing access to 80+ data sources and 350+ verification tools. Our platform allows businesses to create precise workflows, integrating necessary data points for tailored verification.
Verification results can be examined and adjusted in our intuitive dashboard, facilitating informed decision-making and fine-tuning strategies.
Flexibility & Efficiency
Customizable verification workflows
Continuous Improvement
Cyclical analysis and optimization for better customer understanding.
Scalability
Expand services across regions.
HOW CAN we HELP lending & payments BUSINESSes
Offering more opportunities for authentic financial inclusion.
MetaMap’s identity solution enhances onboarding in lending and payments, streamlines KYC and AML compliance, and simplifies the borrower experience to meet your business needs.
Create user-friendly onboarding
Streamline onboarding processes, and provide secure and user-friendly KYC processes to reduce borrower drop-offs while securing legal compliance.
Minimize risk, maximize growth
Use MetaMap’s robust risk analysis and payment eligibility tools to make informed decisions, mitigate default risk, and boost approval rates.
Merge speed with accuracy
Trim costs and manual workload by combining fast, automated identity checks with targeted manual scrutiny for accuracy.
Create user-friendly onboarding
Streamline onboarding processes, and provide secure and user-friendly KYC processes to reduce borrower drop-offs while securing legal compliance.
Minimize risk, maximize growth
Use MetaMap’s robust risk analysis and payment eligibility tools to make informed decisions, mitigate default risk, and boost approval rates.
Merge speed with accuracy
Trim costs and manual workload by combining fast, automated identity checks with targeted manual scrutiny for accuracy.