Bengaluru-based financial infrastructure firm Decentro has partnered with Singaporean fintech company DigiAlly to launch a business credit underwriting solution to expand its Southeast Asian presence.
Decentro targets entry into key markets such as Singapore, Vietnam, South Korea, Australia, the Philippines, and Indonesia through this strategic alliance while reinforcing its foothold in India.
In addition, Decentro has introduced a comprehensive business financial intelligence suite tailored for the banking, financial services, and insurance (BFSI) sector. This suite streamlines analyzing financial statements and trade records, consolidating verified data into a unified document.
The move aims to address Asia’s substantial SME credit gap, which the Asian Development Bank estimates to be over US$2.1 trillion. The new offering supports SME financing, invoice factoring, and cross-border trade. DigiAlly will contribute its expertise in credit and financial data analytics as part of the collaboration, playing a vital role in Decentro’s regional expansion.
With this collaboration, Decentro and DigiAlly are well-positioned to revolutionize SME lending and financial services across Asia-Pacific. Combining Decentro’s robust financial infrastructure with DigiAlly’s data analytics expertise, the partnership aims to bridge the region’s SME credit gap, foster financial inclusion, and empower businesses with smarter, data-driven lending solutions.
