Fintechs and digital lending platforms
Companies with a working origination journey and a borrower base, looking for a lender rather than a lead buyer.
Partnerships
Build lending products with an NBFC that keeps the loan.
Basel partners with platforms that can reach and serve a borrower well. What we bring is the balance sheet, the credit decision, the registration and the accountability that has to sit with a lender.
Who we partner with
The kinds of businesses we talk to.
Lending Service Providers
Entities performing sourcing, servicing, collections support or verification on a lender's behalf, within the RBI's outsourcing framework.
Embedded finance and marketplace platforms
Businesses whose customers need credit at a point in an existing journey, and who would rather integrate a lender than become one.
Financial institutions and NBFCs
Institutions looking at structured arrangements with a long-registered, non-deposit-taking counterparty.
Partnership capabilities
What Basel can actually do today.
Marked plainly, because a partnership page that lists capabilities a lender does not have wastes everyone's diligence. Items awaiting confirmation are shown as awaiting confirmation.
- Currently offered
Digital lending partnership (LSP and DLA)
Basel lends through Digital Lending Applications operated by a Lending Service Provider it appoints. The LSP sources, supports verification, services the account and may act as a recovery agent named to the borrower. Basel underwrites, prices, disburses, holds the loan and answers for the arrangement.
- Currently offered
Sourcing and servicing arrangements
Origination and servicing performed by a partner under contract, with Basel's credit policy governing every decision and Basel's disclosure surfaces presented to every borrower.
- Available by arrangement
Co-lending
Basel may offer certain loan products under co-lending arrangements with banks, NBFCs or other eligible regulated entities, in accordance with applicable Reserve Bank of India regulations.
Where a loan is offered under a co-lending arrangement, the identity of the participating lenders, applicable terms, interest rate, fees and other relevant details will be clearly disclosed to the customer before execution of the loan agreement.
- Currently offered
Default Loss Guarantee arrangements
Basel accepts a Default Loss Guarantee from an eligible Lending Service Provider, within the 5% ceiling the Digital Lending Directions set and the conditions they impose on the form, the contract and the board-approved policy. One such arrangement is in place, and is published on the digital lending disclosures page.
Why Basel
What a lending partner is really buying.
Not a rate sheet. A counterparty whose registration, systems and conduct will survive being looked at.
Registration that predates the sector
A Reserve Bank certificate of registration held since 1998, and a company incorporated in 1989. Diligence on Basel is short because the history is documented.
The loan is genuinely ours
Basel takes the credit onto its own balance sheet and disburses from its own accounts. No money passes through an account the partner controls.
Compliance built into the product, not bolted on
The Key Facts Statement, the APR, the cooling-off window and the grievance route are enforced in the lending engine, not left to a partner's front end to remember.
Named publicly, and answerable
Every LSP and DLA we engage is published with the functions it performs. That protects your borrowers from impersonation as much as it satisfies the Directions.
Current arrangements
Unicorn Fintech Private Limited
Lending Service Provider · Digital Lending Application “borrow”
- Customer sourcing and onboarding
- Collection of borrower information and verification support
- Servicing and borrower communication
- Recovery, as an agent named to the borrower in writing
Published in full, with the role of each party, on our Digital Lending Disclosures page.
Partnership process
Seven stages, in the order they actually happen.
Integration and monitoring are where partnerships are made or lost. They are stages here, not afterthoughts.
- 01
Introduction
A conversation about your business, the borrower you reach and the product you want to build. We will tell you early if it is not something Basel can lend against.
- 02
Business evaluation
Unit economics, the origination journey, the borrower profile and the credit performance you have seen so far, if any.
- 03
Due diligence
The entity, its promoters, its technology, its data handling and residency, its collections practice, and its own regulatory footing.
- 04
Commercial structuring
Pricing, the credit policy that will govern the book, economics, and the contractual allocation of every obligation the Directions place on Basel as the Regulated Entity.
- 05
Technology and operational integration
APIs, the Key Facts Statement, disclosure surfaces, consent architecture, the grievance route through to Basel's officers, and reporting of the DLA to the Reserve Bank.
- 06
Launch
A controlled start on limited volume, with the disclosure surfaces reviewed against what a borrower actually sees rather than what the specification says.
- 07
Monitoring
Portfolio performance, partner and agent conduct, complaint volumes and root causes, and periodic re-testing of the borrower-facing disclosures.
Partnership enquiry
Tell us what you want to build.
The more concrete you are about the borrower and the journey, the faster we can tell you whether this is something Basel can lend against.
Enquiries are read by Basel’s partnerships team. We will not share what you send us with any third party for any purpose other than assessing the enquiry.
If your message concerns a loan you have taken rather than a partnership, please use the grievance route instead. It is monitored to a defined timeframe.
Not a partnership enquiry? General questions, media and correspondence go to our contact page.
Contact Basel