Simplify credit assessment with IRIS Credixo

Supercharge your lending capabilities using real-time GST data
with IRIS Credixo.

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Our Clients

IRIS Credixo helps financial institutions to extend lending opportunities to the SME and MSME sectors,
breaking barriers that traditional lending models struggled to overcome.

Banks
FinTech's and Neo-Banks

Banks

Upgrade legacy lending systems

Enhance lending capabilities

Leverage real-time invoice data

Take informed credit decisions

Streamline credit assessment and approval processes

Build cleaner credit portfolios

Explore Use Cases

FinTech's and Neo-Banks

Build innovative credit products

Move beyond traditional limiting data sources

Crunch credit lending cycles

Explore AI-based advanced data analytics

Enable faster, low-risk credit approvals

Construct leaner and agile platforms

Explore Use Cases

Lender’s Account Creation on IRIS Credixo
Input Stage
Add which data/module is to be fetched
Authentication
Fetch GST/E-invoicing/E-way Bill data with consent
Get the required result

Customer Profiling: Public Non-consent GST data

Business details like legal name, constitution (whether proprietor, firm, company etc.), main location and additional Place of Business (PoB) and the full filing history.

Business Details

Gain clarity on customer’s business structure, identity, and operational history for precise credit assessments and informed lending.

Compliance and Consistency

Verify consistent GST filings, indicating responsible financial conduct.

Operational Efficiency

Analyze tax filing efficiency, reflecting overall business operational effectiveness.

Private GST Consent Data

Real-time sales and profit margins through consent-based GST data

Real-Time Financial Insights

Access real-time sales and profit margin data to analyze customer’s current financial health.

Financial Health Assessment

Gain insights on customer’s sales cycles and seasonal trends helping tailor credit terms accordingly.

Business Growth Analysis

Examine current and historic GST transaction frequency and volume to understand business growth trajectory and revenue consistency.

Cash Flow Dynamics

Grasp cash movement trends and working capital management assessing liquidity and repayment capacity

Supplier and Customer Relationships

Identify interactions with suppliers and customers, revealing partnerships, dependencies, and associated risk.

Risk Evaluation

Assess credit risk through industry alignment and historical benchmarks from consented GST data.

Study transaction history to identify spending patterns, recurring expenses, and income sources. This helps assess the customer’s financial behavior and predict their ability to meet loan obligations.

Cash Reserves Evaluation

Examine the customer’s average account balance and savings trends to gauge their ability to handle unexpected expenses or financial emergencies, reducing the risk of default.

Bank Score Calculation

Create a comprehensive Bank Score by incorporating relevant numerical parameters from the bank statement data. This score reflects the customer’s financial discipline and creditworthiness.

Income Verification

Use bank statement data to verify the customer’s stated income and assess its consistency with actual bank deposits. This helps prevent misrepresentation and ensures accurate loan evaluations.

Bank GST Triangulation*

Comprehensive analysis of GST data in combination with bank information

Comprehensive Risk Profiling

By combining bank and GST data, attain a comprehensive financial overview, leading to more precise lending determinations.

Receivables Quality

Analyze bank transactions and GST data for robust receivables evaluation, ensuring consistent cash inflows.

Payables Management

Cross-reference bank statements and GST data to derive payables’ credit periods, showcasing vendor ties and fiscal control.

Ageing Insights

Employ both datasets for ageing analysis, highlighting pending receivables and payables, crucial for holistic risk assessment.

Cash Flow Evaluation

Merge data to gauge cash circulation patterns, revealing liquidity levels and financial strength.

Pre Financing

Verifying invoice data before invoice verification discounting or financing using GST data and EWB data

Optimized Working Capital

Provide working capital solutions that align with the supplier’s actual operational needs basis data triangulation and reduce cash flow gaps.

Invoice Verification

AI based cross-referencing of GST invoices with bank transactions before invoice discounting or financing

Ghost Transactions

Red-flagging ghost transactions where fictitious invoices are created to inflate revenues artificially.

Supplier Performance

Get insights into supplier’s actual sales and payment history, giving a more accurate view of their performance enabling better risk assessment before extending trade finance

Dynamic Financing Limits

Offer financing solutions tailored to the supplier’s actual business performance leading to more suitable and flexible financing terms.

Post Financing

Performing Invoice Audit to verify invoices after financing to ensure accuracy and compliance.

EWB Data Verification

Match EWB details with the corresponding invoice and transaction data to ensure that the goods’ movement is accurately documented.

Accuracy Assurance

Invoice Auditing to validate the accuracy of financial data, ensuring that invoiced amounts match actual payments received.

When it comes to MSME Lending, GST data can be an accurate source of business’s financial health. And to obtain accurate GST Data, I know I can rely on IRIS. I am amazed by the way they focus on deriving useful insights by compiling and analyzing the vast GST Data. We are also quite pleased with the product and the team’s flexibility and ability to work closely with partners. The support provided by the team is prompt, reliable and 24×7. Cheers!

Abhishek Jani

Direct 2 Consumer, Tezzract

Our vision at Xtracap is to simplify channel financing for Bharat and IRIS Credixo has been a great companion that helped us in this goal. We are using IRIS Credixo since last 3 years and we are pleased with the in-depth domain knowledge and experience of the team. IRIS Credixo has really helped us with better profiling of customers using their GST Data and has made this journey smoother.

Mohd Riaz

Founder and CEO, XtraCap Fintech

Direct connection to the Government system

Being an IRP and a GSP, we have a direct connection to data, hence you get real time and first-hand information.

A Unified Hub for Government Systems

Connect with diverse data sources and governmental systems effortlessly via the consolidated IRIS platform.

Experienced Experts in Lending and GST Domain

Our team comprises of highly skilled professionals who possess deep knowledge in both the lending industry and the GST domain.*

Cutting-Edge AI/ML Rule Engines Developed by Data Science Experts

Our rule engines are powered by an expert team of data scientists, leveraging artificial intelligence and machine learning technologies.*

Streamlined Workflows Accessible via Intuitive APIs and User-Friendly Web Interface

All of our workflows can be seamlessly integrated into your systems through user-friendly APIs, making them easily accessible through a user-friendly web platform.

Cloud/SaaS Architecture

Enjoy the flexibility and scalability of cloud-based architecture that enables you to access IRIS Credixo from anywhere, at any time.

Available as APIs

Considering the set systems of FIs and agility of fintechs’, IRIS Credixo is also available as APIs to easily integrated with your systems

Real-Time Data

Access real-time e-invoice data along with GST data to make informed decisions quickly and confidently

Alternate Credit Scoring Model*

Triangulate GST data with bank statements to make faster credit decisions. Expand the scoring dimensions by including GRRAS# e-invoice and e-way bills data

Early Warning System

Stay ahead of potential defaults with our early warning system that alerts you to potential risks before they become a problem.

Collection Analytics

Analyze your collection processes and make data-driven decisions to increase efficiency and improve results.

#G=Granular R=Recent R= Relevant A=Accurate S=Standard

Customer Hyper Targeting

Target your ideal customers with precision, triangulating GST data* with e-invoice data and bank statements resulting in an efficient acquisition process.