Spocto X (A Yubi Company)

Spocto X is expanding – celebrating our exponential growth! 🚀 We're thrilled to announce that Spocto X is expanding! As India's leading end-to-end debt collections platform, we're growing to meet the increasing demands of India's financial sector in the collections landscape. Our new corporate office at Reliable Tech Park, Airoli, Navi Mumbai marks a significant milestone in our journey. This upgraded space empowers us to foster a culture of innovation and empathy, creating cutting-edge solutions that truly serve the needs of our clients and their customers. With over $100 billion in loan volumes processed and a 30% boost in collection efficiency, Spocto X is reshaping debt collections to be simpler, faster, and more borrower-friendly. Join us in this exciting new chapter as we continue to grow and make a meaningful impact in the industry. A huge thank you to our incredible team, partners, and clients for being an essential part of our journey! Together, we’re revolutionizing collections and shaping the future. Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza Himanshu Kateja Janmit Singh Anshul Malhotra HEENA B. Vinod RAI Kalpesh Worlikar Vinay Soni Pritesh Mistry Raj Upadhayay Kunal J. Mitesh Nijhara Kunal J. #SpoctoX #GrowthStory #FinTech #DebtCollections #AIRevolution #NewOffice #ExpandingHorizons

Transform your field operations with Spocto X Field App🚀 Field operations are the backbone of effective collections, but managing them efficiently can be challenging. With the Field app & Control center - Lenders now have a powerful tool that makes field management seamless, smart, and highly efficient. ⏺ Field Control Center: 👁️ Gain real-time oversight of field operations. 🔄 Streamline #workflows and 📈 boost productivity through centralized control. ⏺ Field App: 📍 Geo-tagging for precise field tracking. 🚚 Smart Routing to optimize agent paths for faster collections. 📊 Instant Data Capture to enable on-the-go decision-making. Trusted by India’s largest banks, PSUs, NBFCs, and fintechs, Spocto X is at the forefront of revolutionizing #debt collections. 👉 Join the transformation and see why we’re India’s largest collections platform. Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza Raghib Imteyaz Arpith Scindhia #FieldOperations #DebtCollections #SpoctoX #FieldApp

Ever wondered how no-cost EMIs work? For starters, they offer: 1️⃣ Easy Access: Buy now, pay later without the extra burden of interest. 2️⃣ Smart Spending: Take control of your finances while staying within your budget. 3️⃣ Future Focused: As we move towards a more inclusive economy, no-cost EMIs are paving the way for smarter financial choices and making shopping more accessible to everyone. Uncover how they work and why they could prove to be a game changer. What’s your take on this trend? Let’s discuss how this is shaping our shopping habits and financial futures! Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Karanpreet Bindra Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza #DebtRecovery #Compliance #Collections #FinancialServices #EmpathyInCollections #CollectCoLabs #spocto #Fintech

India’s digital lending is evolving, but recovery still needs a personal touch! Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI), highlights the challenges of aggressive recovery tactics in fintech to ensure responsible lending for a healthier financial future. Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Karanpreet Bindra Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza #DebtRecovery #Compliance #Collections #FinancialServices #EmpathyInCollections #CollectCoLabs #spocto #Fintech

Now, say goodbye to manual planning and hello to data-driven strategies that predict customer behavior and elevate your campaign success. 🚀 Transform your marketing game with AI-powered insights – unlock the future with Spocto X StratAI. Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza #DebtRecovery #Compliance #Collections #FinancialServices #EmpathyInCollections #CollectCoLabs #spocto #Fintech

Last week we had highlighted a report that showed the rise in early loan delinquencies - A staggering 250% surge from Q4 2019 to Q4 2023. 📈 The question is—how can lenders effectively address this challenge? At Spocto X, we’re providing #AI-powered, compliant, and customer-centric solutions to transform your collections process and minimize delinquencies. Here’s how: 👉 StratAI – Our real-time AI-driven insights predict risky borrowers, giving you a 20% boost in collections! 💼🔍 👉 Field App – Empower your field agents with geo-tagging, task allocation, and real-time tracking, improving field productivity by 20%! 🚶♂️📍 👉 Integrated Campaign Manager – Launch seamless multi-channel outreach campaigns across 8 channels, engaging borrowers early and reducing delinquency rates. 📲 💬 🌐 With Spocto X, tackle the delinquency spike head-on with efficient, #compliant, and customer-focused strategies. With our E2E collections platform, we don't just manage delinquencies—we prevent them! Bhavin Parekh Devarsh M. Vivek Srikantan Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Santosh Hegde Rajendra Saroj Salomi D’souza Arpith Scindhia Amit S. #DebtRecovery #Collections #AI #Fintech #DelinquencyManagement #CustomerExperience #SpoctoX #TechSolutions

India’s digital lending is evolving, but recovery still needs a personal touch! Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI), highlights the challenges of aggressive recovery tactics in fintech to ensure responsible lending for a healthier financial future. Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Karanpreet Bindra Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza #DebtRecovery #Compliance #Collections #FinancialServices #EmpathyInCollections #CollectCoLabs #spocto #Fintech

During a panel discussion at the India Banking Summit (Synnex® Group), experts shared their insights on a number of new ideas floating in the finance domain. An excerpt from the discussion shows Nilesh Dasri – Senior Product Head, ICICI Bank, talk about how the correct training forms the basis of a robust collection mechanism and how the changes fueled by technology could be utilized to achieve the same. Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Karanpreet Bindra Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza #DebtRecovery #Compliance #Collections #FinancialServices #EmpathyInCollections #CollectCoLabs #spocto #Fintech

Understanding banking compliance is crucial for maintaining the integrity and stability of financial institutions. Swipe through to discover: ➡ Why it’s essential for preventing fraud and ensuring trust ➡ Common challenges banks face ➡ How they ensure compliance checks ➡ The role that technology plays in ensuring compliance Follow us for more insights and updates! Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Karanpreet Bindra Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza #DebtRecovery #Compliance #Collections #FinancialServices #EmpathyInCollections #CollectCoLabs #spocto #Fintech

What do present loan delinquency rates tell us? Recent data sourced from TransUnion CIBIL Limited and Boston Consulting Group (BCG) shows a rise in delinquency rates in the current landscape as compared to the data of the past 5 years. Economic shifts over the past few years may have contributed to this increase. Notably, younger borrowers (18-35) are facing higher delinquency rates compared to older age groups (50 ). Understanding these patterns can help in planning and managing financial health more effectively. Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Karanpreet Bindra Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza #DebtRecovery #Compliance #Collections #FinancialServices #EmpathyInCollections #CollectCoLabs #spocto #Fintech