Jana SFB & Hotfoot Launch Revolutionary Used Car Loan System
Jana Small Finance Bank (Jana SFB) and Hotfoot Technology Solutions have teamed up to launch a revolutionary Used Car Loan Origination System. The platform, powered by Hotfoot's Rapid.ai LOS Platform, offers a seamless, end-to-end digital journey for customers seeking affordable pre-owned vehicle financing.
The system, delivered in a record 12 weeks, is enhanced by Hotfoot's proprietary 'WiseEngine' Business Rule Engine and 50 ecosystem integrations. This automation ensures transparency, compliance, and industry-leading turnaround times in processing and disbursement.
Vivek Naidu, Founder & CEO of Hotfoot Technology Solutions, highlighted the growing demand for digital-first journeys in the used car financing market. The platform meets customer expectations by delivering speed, efficiency, and trust.
Ashish Saxena, Chief Information and Digital Officer at Jana SFB, praised the launch as a key step in expanding affordable credit access. The platform enables smart mobility choices responsibly and compliantly, automating valuation, documentation, collateral creation, and post-disbursement management.
The successful launch of Jana SFB's Used Car Loan Origination System marks a significant milestone in affordable credit access. The platform, powered by Hotfoot's technology, offers a frictionless and scalable solution, meeting customer expectations and driving responsible mobility choices.
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