Finance & Insurance
Delinquency and missed payments are phrases that haunt product and service teams across financial and insurance services. This is especially true for offerings that target individuals in informal or semi-formal parts of the economy or require recurring voluntary contributions or payments.
Reveknew helps reduce the friction around such product and service offerings through automated billing and payment collections, leveraging SMS. We help product and service teams for finance (bank, microfinance, rural bank, susu) and insurance (vehicle, health, life) to improve productivity.
Savings deposits
Set up plans for deposit contributions to savings products. Let your sales team invite individual or multiple clients to enroll with SMS or links via web or social channels.
Use insights from reports to grow products/services and drive profitability.
Premium contributions
Simplify sign-up for insurance coverage. Help your customers stay on-track with premiums every cycle, using SMS for reminders, with embedded secure payment links for mobile or card payments.
Lower churn and increase cashflow across your portfolio.
Loan repayments
Reveknew helps set up individualized repayment plans for loan and leasing clients and automates collections across your portfolio.
Use subscriber and payments reports to manage repayment delinquency, reduce the workload on relationship agents/officers and gain insights into product/service portfolio performance.
Move fast on innovative schemes
Launch, expand or test new finance or insurance offerings quickly and easily.
- Personal items insurance / Perishable goods insurance
- MSME loans / MSME leasing
