According to Profile, "the entire range of financing processes" are covered by its Finuevo Suite. Finuevo Digital, the company's digital banking platform, "supports all required customer journeys across web and mobile channels," and Finuevo Core, its core banking platform, "accommodates a wide range of banking products and operations."

Throughout the whole loan lifecycle, including certification and digital onboarding, loan origination, automated credit checks and quick loan approval, disbursement, loan commencement, and payment acceptance until the loan is entirely repaid, Cash Plus will make use of the as-a-Service suite.

In addition to aiding the lender's "future growth plans," the relationship will enable it to better execute fast consumer financing. Profile notes that its technology fully monitors the status of customers' applications and loans.

According to Profile, Finuevo's "out-of-the-box functionality" allowed for the cloud-based solution to be installed with Cash Plus in "an extremely short time period."

"A scalable solution that equips us with the tools to comprehensively manage our end-to-end loans processes" is what Cash Plus CEO and co-founder Armond Dranqolli believes Profile has achieved.

Just over a week after revealing that First Global Bank, a GraceKennedy Group affiliate offering commercial banking services in Jamaica, had also chosen the Finuevo Suite to enable new digital onboarding and loan origination facilities, Profile has now finalized the contract with Cash Plus.