Lokyata

Lokyata is a decision automation platform that focuses on transforming underwriting workflows for lenders worldwide. The company specializes in expanding financial services to underbanked, thin-file, no-file, and subprime customers, as well as small and medium-sized enterprises (SMEs). Lokyata's platform aims to streamline the lending funnel and optimize costs associated with loan funding and repayment.

The company offers data-driven tools that can be used independently or as a comprehensive platform to automate lending processes. Lokyata's solutions help lenders minimize manual processes, automatically qualify leads, complete assessments, and make disbursements in minutes. Key benefits include reducing first payment defaults, decreasing uncontactable leads, and maximizing average revenue per user (ARPU) and overall return on assets.