InGain

Founded in 2011 by Juris Cirkovs, Armands Liseks, and Kristaps Veinbergs, InGain is a Latvian B2B fintech company built on over a decade of the founders' experience in custom-building loan management systems. The company provides a no-code, Software-as-a-Service (SaaS) loan management system designed for a diverse client base that includes traditional and fintech lenders, SME lenders, crowdfunding platforms, and non-financial businesses seeking to embed financial products into their services.

InGain's core business revolves around its flexible and configurable platform that enables clients to launch, scale, and manage a wide array of financial offerings without significant IT overhead. The system supports the entire loan lifecycle, from applicant processing and origination to servicing, collateral management, and debt collection. This empowers businesses to quickly introduce new products, such as secured and unsecured installment loans, lines of credit, rent-to-own models, and subscriptions, and enter new markets with minimal entry costs. For instance, a retailer can use the platform to offer specialized leasing options for high-value goods, a service traditional banks may not readily provide.

The business model is subscription-based, with revenue generated from clients using the SaaS platform. The company also offers custom IT development and integration services for clients with unique requirements. This dual approach combines the scalability of a ready-to-use solution with the adaptability of custom development. In April 2024, InGain secured approximately $692K (€650k) in a seed funding round led by Trind VC and Fiedler Capital, aimed at enhancing its no-code, self-service capabilities.

The platform's key features include a modular design, allowing clients to use the end-to-end solution or integrate specific modules with third-party systems. It features a product and pricing configurator, a decision and scoring engine with definable rules, a CRM module, and business intelligence tools for analytics and reporting. By automating complex processes and providing a no-code interface for business users, InGain allows companies to reduce operational costs and focus on growth.

Keywords: loan management system, no-code fintech, lending-as-a-service, B2B fintech, SaaS, embedded finance, loan origination, debt collection, collateral management, credit line software, installment loans, rent-to-own solutions, subscription billing, crowdfunding platform technology, consumer finance technology, SME lending, Armands Liseks, Juris Cirkovs, Kristaps Veinbergs, Latvian startup