Lokyata

Lokyata is a Finance tool that provides AI-powered cash flow analysis and loan decisioning for consumer installment lending. It helps lenders lower costs, reduce fraud, and increase ROI through intelligent lead screening and portfolio analytics.

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At a glance

Pricing

Usage-based

Free tier

API

Skill level

Technical

About

What is Lokyata?

Lokyata offers an AI-powered platform designed for consumer installment lending, focusing on intelligent decisioning, cash flow analysis, and portfolio analytics. The platform aims to solve common lender problems such as poor lead selection, limitations of manual cash flow analysis, and fragmented workflows. Key features include AI-enabled LeadBuy for lead selection, automated intelligent decisioning with auto-deny/auto-approve capabilities, and proprietary cash flow analysis algorithms. Lokyata integrates seamlessly with existing underwriting workflows, supporting gradual automation and compatibility with various LMS, IBV, CRAs, and fraud providers. It boasts processing over 10 million loan applications per month and 200x faster decisioning compared to manual processes.

Best used for

Ideal for consumer installment lenders who need to improve lead quality, automate loan underwriting, and gain deeper insights into borrower behavior. Especially valuable for reducing customer acquisition costs, minimizing first payment defaults, and enhancing overall return on investment.

Common actions

analyze cash flow

automate loan decisions

optimize lead selection

manage loan portfolios

Capabilities

Key features

AI-enabled LeadBuy
Automated intelligent decisioning
Proprietary cash flow analysis
Portfolio analytics
Disruption-free implementation
200+ borrower behavior signals

Target Audience

lending institutionscredit risk analystsloan officersfinancial data scientists

Integrations

Not yet documented

Pricing & Plans

Usage-based

Not publicly disclosed. Check lokyata.com for current pricing.

FAQs

How does Lokyata help reduce customer acquisition costs and first payment defaults?

Lokyata's platform uses AI-enabled LeadBuy to screen leads effectively, ensuring lenders acquire higher-quality applicants. Its intelligent decisioning engine, powered by proprietary cash flow analysis and borrower behavior signals, helps identify reliable borrowers, thereby reducing first payment defaults and overall customer acquisition costs.

Can Lokyata integrate with existing lending management systems?

Yes, Lokyata is designed for disruption-free implementation. It can integrate with preferred Lending Management Systems (LMS), Instant Bank Verification (IBV) providers, Credit Reporting Agencies (CRAs), and fraud detection services, allowing for gradual automation within current underwriting workflows.

What kind of data does Lokyata use for its decisioning models?

Lokyata leverages over 200 borrower behavior signals and proprietary cash flow analysis algorithms. Its models are informed by a vast dataset of 240,000 Lead-to-Loan outcomes, ensuring robust and data-driven decision-making for consumer installment lending.

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Data & Analytics › Predictive Analytics

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