Company Overview

Axe Finance

• Name: Axe Finance

• Mission: To bring high value to financial institutions’ credit processes by increasing customer satisfaction, reducing operational costs, mitigating risks, and assuring regulatory compliance through their loan origination software.

• Founded: 2004

• Founders: No specific information on the founders is provided.

• Key People:

• Dhafer Berrachid, Chief Executive Officer

• Chris Kneen, Chief Commercial Officer

• Michael Halbig, Chief Delivery and Support Officer

• May Gargani, Chief HR Officer

• Imen JGHAM, Chief Marketing Officer

• Mehdi Rebai, Chief Financial Officer

• Wadhah Jebri, Head of Research and Development

• Lassaad Zouaoui, Head of Customer Success

• Louay Salti, Head of Product

• Oussama Akkari, Head of Cloud and Enterprise Infrastructure

• Souheil Bellalouna, Head of Operations

• Headquarters: Multiple global offices including:

• Netherlands

• Canada

• Tunisia

• Nigeria

• UAE

• India

• Vietnam

• United Kingdom

• Number of Employees: 60+

• Revenue: No information is available

• Known For: Axe Finance is known for being a global market-leading software provider focused on credit risk automation, offering AI-driven solutions for the entire credit lifecycle.

Products

Axe Credit Portal (ACP)

Overview

The Axe Credit Portal (ACP) is a comprehensive digital lending solution that automates the entire credit lifecycle from KYC to servicing. It is a multi-segment solution catering to a variety of lending needs.

Corporate Loans

• Description: An end-to-end digital lending solution tailored for large businesses.

• Key Features: Covers KYC, credit assessment, scoring, approval, and collateral management.

Commercial Loans

• Description: Automation for all types of commercial loans, including SMEs, SMBs, MSMEs.

• Key Features: Enhances efficiency, customer experience, and market penetration.

Retail Loans

• Description: AI-driven solution designed to automate consumer loans.

• Key Features: Fast-track processing, precise credit decisions.

Islamic Banking

• Description: Digital lending solution aligned with Sharia’a principles.

• Key Features: Customization options to ensure compliance with Islamic banking standards.

FI Loans

• Description: Streamlined lending process for interbank lending.

• Key Features: AI-powered, minimizes risks and adheres to regulatory standards.

Sovereign Loans

• Description: Manages credit risk, collateral, and regulatory compliance for sovereign lending.

• Key Features: Flexible digital lending solution.

Development Banking

• Description: Automated community and development banking.

• Key Features: Scoring models, credit risk management, regulatory compliance.

Mortgage Loans

• Description: End-to-end lending solution for mortgage financing.

• Key Features: Advanced features and seamless automation.

Embedded Finance

• Description: Facilitates rapid loan disbursements at the point-of-sale (POS).

• Key Features: Collaboration with retailers, transforms them into digital credit enablers.

By Use Case

• KYC & Onboarding: Automation of KYC, onboarding, and lead management.

• Origination: Flexible loan origination tailored to lender needs.

• Scoring: Traditional and AI-driven integrated credit scoring solution.

• Underwriting & Approval: Accelerate loan approval and underwriting processes.

• Limit Management: Proactively monitors credit limits.

• Collateral Management: Ensures optimal risk resilience.

• Loan Servicing: Automates post-approval loan lifecycle.

• Collection & Provisioning: Enhances debt collection and provisioning calculations.

Recent Developments

Major Updates & Recognition

• Gartner 2023: Recognized in the 2023 Gartner Market Guide for Commercial Loan Origination Solutions.

• New Products Launched: No specific new products mentioned.

• New Features:

• Release of ACP V.9, including a total revamp of UI/UX, new AI-based lending features, technology enhancements, and new administration tools.

• Introduction of Xdoc, providing a fully paperless credit process.

• Partnerships:

• Strategic partnership with Algoteque in Poland.

• New office opened in Abu Dhabi, UAE.

Events

• Singapore FinTech Festival 2024: Axe Finance’s experts to participate and showcase digital lending solutions.

• Connectiva Banking CEE Expo 2024: To exhibit in Budapest, Hungary, showcasing ACP's AI-powered capabilities.

Conclusion

Axe Finance continues to pave the way in the digital lending space with its innovative ACP solution, strong partnerships, and continuous recognition in the industry.