Seynse Technologies

Seynse Technologies Private Limited was a financial technology firm established in India in 2015 by founders Gourav Jaswal and Gulnar Joshi. The company aimed to address a critical gap in the lending market by serving credit-worthy but underserved borrowers. Corporate filings indicate the company is currently undergoing liquidation.

The core of Seynse's operation was its proprietary credit scoring engine, which utilized advanced machine learning and digital analytics to evaluate borrowers based on non-traditional data points. This technology powered their flagship product, LoanSingh, a peer-to-peer digital lending platform designed to provide frictionless access to loans. The business model focused on creating alternative credit scores (SeynseScore) to facilitate lending decisions, moving beyond conventional credit assessment methods. In addition to loans, the platform offered financial management tools and a rewards wallet, positioning itself as a comprehensive personal finance intelligence platform.

A significant milestone in the company's history was the strategic investment from Bharti Airtel in February 2017. Airtel's objective was to leverage Seynse's advanced credit scoring algorithms to develop targeted financial products for its extensive customer base. Despite this partnership and raising a total of $6.16 million over three funding rounds from investors including EPI Venture Partners and Airtel, the company has ceased operations. Financial records from March 31, 2022, showed a revenue of approximately ₹19.6 lakhs.

Keywords: Seynse Technologies, LoanSingh, digital lending, fintech, credit scoring, machine learning, P2P lending, alternative credit score, financial technology, personal finance, underserved borrowers, Bharti Airtel, Gourav Jaswal, Gulnar Joshi, India fintech, credit analytics, loan platform