📢 📢 📢 Important Update for NBFCs 📢 📢 📢 RBI's Core Financial Services Solution (CFSS) Mandate deadline is fast approching! The Reserve Bank of India had set a clear directive a few years ago: NBFCs in the Middle and Upper Layer with 10+ fixed point service delivery units must implement Core Financial Services Solution (CFSS) by September 30, 2025. This mandate from RBI aims to make NBFCs tech systems robust and sophisticated to serve customers safely and seamlessly in the digital world. This transformation aims to bring NBFCs Core Systems on par with banks' Core Banking Solutions, in turn, helps them to adopt evolving technologies and digital ecosystem. With this NBFCs will be able to engage and serve their customers better like systems are accessible anytime, anywhere, regardless of physical branch locations. With centralised data management, customers can seamlessly interact through any channel while ensuring high system uptime and reliability. Key compliance requirements: 👉 Mandatory implementation for qualifying NBFCs 👉 70% implementation required for Upper Layer NBFCs by September 30, 2024 👉 Quarterly progress reports to RBI 👉 Digital-first approach with anywhere, anytime service capability At SwiffyLabs, we understand the complexity of this transition and deliver comprehensive solutions that address the evolving needs of financial institutions: 👉 Our end-to-end lending technology stack encompasses the complete lending lifecycle - from Loan Origination System (LOS) to Loan Management System (LMS) and Loan Against Securities (LAS), providing a unified platform for all lending operations. 👉 Our cloud-native lending platform supports diverse use cases across secured and unsecured lending, catering to both retail and business segments with natively built co-lending modules. The platform's robust architecture makes it future-ready for evolving technology, compliance requirements, and next-generation customer expectations. 👉 We serve a diverse range of financial institutions - from emerging fintechs, emerging NBFCs, established NBFCs and banks, providing scalable solutions that adapt to each organisation's unique requirements and growth trajectory. With our cloud-native, API-first platform, you get: ✓ Rapid implementation ✓ Seamless digital operations ✓ Fully compliant to regulatory requirements ✓ Future-ready Lightweight solution Highly scalable for digital world volumes and ticket size Don't wait until the deadline approaches. Partner with SwiffyLabs to transform your NBFC operations today! Reach out to our team at sales@swiffylabs.com to schedule a demo and learn how we can make a difference for your business! Babu N.S Nikhil Joy Rohit Dak Apoorv Khanna Mridula Athreya #Fintech #RBIMandate #CFSS #CoreFinancialServicesSolution #DigitalTransformation #LendingTech #LoanManagement #RegTech #Compliance #DigitalInnovation
About us
SwiffyLabs is a fintech, empowering businesses to seamlessly create, manage, and scale lending and payment operations. We offer easily deployable, in-demand and custom financial products that adapt to your unique needs.
- Website
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www.swiffylabs.com
External link for SwiffyLabs
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Bengaluru
- Type
- Privately Held
- Founded
- 2023
- Specialties
- fintech, banking, infrastructure, fintech infrastructure, banking as a service, payments, and lending, Lending , and Payments
Locations
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Primary
Bengaluru, IN
Employees at SwiffyLabs
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Rohit Dak
CFO - SwiffyLabs | Ex - Schneider Electric, Walmart, HSBC, CNL
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Babu N.S
Building SwiffyLabs. Hiring - FinTech Talents to build world class products. Building FinTech solutions to the mass and scale. FinTech, Digital…
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Jitesh Shivnani
Building SwiffyLabs | Ex-PhonePe, ZestMoney
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Vivek Sinha
Building SwiffyLabs
Updates
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In our #FintechSimplified series, we decode Cloud-Based Banking. Modern financial technology infrastructure where banking data, core processes, and services are hosted and operated through secure cloud servers instead of traditional physical data centers. It enables banks to operate with greater flexibility, scale operations on-demand, reduce IT infrastructure costs, and deploy new features faster while maintaining robust security and compliance standards. #CloudBanking #DigitalTransformation #Banking
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As we ring in 2025, the SwiffyLabs team extends our warmest wishes to you! Looking back at 2024, we're grateful for the collaborative spirit that defined our journey and excited about the innovations ahead. 🚀 Here's to a year of pushing boundaries, fostering meaningful connections, and creating impactful solutions together. Thank you for being part of our story. 😍 Wishing you all a prosperous and inspiring 2025! 🤩
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We join the nation in mourning the loss of Dr. Manmohan Singh, a visionary economist and statesman who transformed India's economic landscape. As the architect of India's economic liberalization in 1991, his policies laid the foundation for modern India and inspired countless entrepreneurs to build for the nation. Beyond his achievements, Dr. Singh's humility and dedication to public service set a powerful example for business leaders. His famous quote, "History will be kinder to me than the contemporary media," reflects the wisdom of prioritizing long-term impact over short-term popularity. Our deepest condolences and gratitude for his immense contributions to our nation. #DrManmohanSingh #Tribute
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From our family to yours, we're lighting up this festive season with smiles and holiday cheer! 🎄 At SwiffyLabs, our greatest strength lies in our people - the brilliant minds who work tirelessly to simplify fintech and create innovative solutions for tomorrow. 🤩 May your holidays be filled with joy, innovation, and meaningful connections. Here's to a prosperous and tech-forward 2025! 😍 From the SwiffyLabs family, we wish you a very Merry Christmas! 🎄 Ashish Anantharaman Rohit Dak Jitesh Shivnani Gagandeep Satija Priya Menon Pooja Choudhary Rahul Dayama Dablu Kumar Yadav Manisha Chopda Mridula Athreya omkar kotibhaskar Anantakrishnan Venkatarayan Bibin Varghese Rajkumar Panneerselvam Mahadeva Prasad Rohit Vatsyayan Dinesh Dayalan Manjari Prithani Prakhar Saxena Anuja Hiras Himanshu Gera Sekhar Jha Samar Kamal #MerryChristmas #SwiffyLabs #TechFamily #Innovation #HappyHolidays #TechCommunity
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In our #FintechSimplified series, we decode Neo-Banking. 👉 Banking is evolving, and traditional brick-and-mortar branches are no longer the only way to manage your money. Neo-banks are revolutionising how we think about financial services by operating 100% digitally. #NeoBanking #DigitalTransformation
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The modern fintech stack is here. Launching a lending business? Scaling your fintech operations? Looking for efficient loan management? SwiffyLabs delivers everything you need: 1. Pure SaaS model 2. Instant onboarding 4. Pre-built integrations 5. AI-driven decisions 6. Automated workflows Why build from scratch when you can: 1. Launch in days 2. Scale on demand 3. Pay as you grow 4. Focus on your core business Experience the future of lending infrastructure. Write to us at sales@swiffylabs.com. Book your demo now. Rohit Dak Babu N.S Nikhil Joy Apoorv Khanna Mridula Athreya #FinancialTechnology #Lending #Innovation #DigitalTransformation
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When technology meets finance, transformation happens... 🚀 At SwiffyLabs, we're not just building technology - we're reimagining financial infrastructure for the digital age. Every line of code we write, every solution we build, serves one purpose - empowering financial institutions to have a competitive edge in the fast changing market. Introducing the SwiffyLabs Story. 🤩 #FinancialTechnology #Innovation #DigitalTransformation #Fintech #FutureOfFinance #TechnologyInnovation
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🚀 Attention Ahmedabad NBFCs: Transform Your Lending Operations! 🚀 Meet SwiffyLabs Team in Ahmedabad | December 16-17 Are you facing challenges in: 👉 Scaling lending operations? 👉 Maintaining compliance? 👉 Launching new products quickly? 👉 Managing operational costs? SwiffyLabs' end-to-end lending stack delivers: ✓ Cloud-native, API-first platform ✓ Complete lending lifecycle management ✓ Rapid implementation ✓ Built for India, built for scale Power multiple lending products: 🔹 Loan Against Securities 🔹 Personal Loans 🔹 BNPL 🔹 SME Loans 🔹 Supply Chain Financing ...and more! Get the SwiffyLabs Edge: ⚡ Ecosystem Integrations ⚡ Regulatory Compliance ⚡ Powerful Analytics ⚡ Faster GTM ⚡ Centralised Database Limited slots available for personalised demos. Book yours now! 🔗 Schedule a meeting by writing to us at sales@swiffylabs.com Rohit Dak Babu N.S Nikhil Joy Apoorv Khanna Mridula Athreya #DigitalLending #Fintech #NBFC #Ahmedabad #FinancialServices
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Personal Loan Product Launch Reimagined 🚀 What if you could: 👉 Start lending in days 👉 Zero upfront investment 👉 Fully compliant solutions 👉 Seamless partner integrations 👉 Scale operations seamlessly Well, it's possible with SwiffyLabs. Your fastest path to lending innovation. Reach out to our team at sales@swiffylabs.com to schedule a demo and learn how we can make a difference for your business! #PersonalLoans #LendingTech #DigitalTransformation