Automating Customer Onboarding for PayU
PayU are a multinational fintech company providing payment technology to merchants in 20 countries. They operate a digital lending platform in India, processing over 100,000 loan applications a month and disbursing over $200mn in retail loans annually.
Best in class for capturing data from financial documents
“We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on-boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience.”
Prashanth Ranganathan
CEO, PayU Credit
What PayU use Docsumo APIs for?
No items found.
To classify multiple documents received over email and other sources for loan origination To extract data from these documents in real-time To analyze crucial data points for loan underwriting

Case Study
the paysense company

Automating Customer Onboarding for PayU

PayU are a multinational fintech company providing payment technology to merchants in 20 countries. They operate a digital lending platform in India, processing over 100,000 loan applications a month and disbursing over $200mn in retail loans annually.
A quick look at the impact Docsumo had in the PaySense Workflow
<30 sec
Processing Time
70%
Reduction in Processing Costs
95%+
Straight through Processing
Best in class for capturing data from financial documents
“We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on-boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience.”
Prashanth Ranganathan
,
CEO, PayU Credit
Challenge
No items found.
Industry
Lending
Employees
8000
Type of Documents
No items found.
Location
India
Division
Operators
Other API Products
Name Matching
Address Matching
Selfie Matching

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What holds fintech companies in their day-to-day operations and how Docsumo can help fix them? - All your questions answered in this case study!

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