Thought Leaders in Financial Technology: Snehal Fulzele, CEO of Cloud Lending (Part 4)

Sramana Mitra: How do you charge? Snehal Fulzele: We have a stack of business models. It’s a flat fee per user per month. It depends on how many modules they purchase because we offer an entire end-to-end lending suite which covers not only origination, but along with that, we also cover underwriting. This is true

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Thought Leaders in Financial Technology: Snehal Fulzele, CEO of Cloud Lending (Part 3)

Sramana Mitra: One thing that I find curious is that you have 85 customers and they are all online lenders. How many online lenders are there right now? Snehal Fulzele: We are a global company. Half of our customers are in the US. It started in the UK and US, and we are seeing a

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Thought Leaders in Financial Technology: Snehal Fulzele, CEO of Cloud Lending (Part 2)

Snehal Fulzele: Let’s take a use case. Many of our customers are online lenders or online fintech lenders. If I were to give you a simplified use case, we have a bunch of customers who do online small business lending. As a small business owner, you go to a website perhaps on a mobile phone

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Thought Leaders in Financial Technology: Snehal Fulzele, CEO of Cloud Lending (Part 1)

You’ve read our coverage of online lending vendors like Kabbage, OnDeck, Lending Club, etc. Here, we cover a story of how ALL online lending vendors (including banks) will soon become much more customer-centric, equipped with technology for fast decision-making and rapid processing of loan applications. Important trends in the industry.