DigiAlly

DigiAlly is a fintech startup headquartered in Singapore and founded in 2020. The company's slogan, "We streamline trust between SME and Financial Institutions via our Reliability Score," encapsulates its core mission of facilitating access to finance for MSMEs in Singapore, India, and the Philippines. DigiAlly has established partnerships with leading banks and financial institutions to enable much-needed capital for the growth of SMEs. Acting as a Digital-Ally of Banks, the company assists financial institutions in making faster, cheaper, and better lending decisions, ultimately aiming to build strong SME portfolios for the banks. DigiAlly sets itself apart through its consultative and value creation approach, earning a reputation as a reliable and trustworthy fintech partner. The company conducts holistic assessments of SMEs, providing a comprehensive health check considering operational and market risks in addition to credit risk. With access to approximately 150,000 SMEs through partners, DigiAlly executes specific mandates on behalf of banks and diligently matches SMEs according to banks' requirements, resulting in high approval rates compared to industry standards. Furthermore, the company's pre-qualified lead generation service for banks enables processing large volumes of high-quality SMEs without adding to the banks' systems' burden. DigiAlly's use of AI/ML-driven predictive systems also includes a comprehensive portfolio assessment service, providing insights into the quality of decisions and aiming to lower NPA while streamlining processes. The company's innovative approach to lending is geared towards enabling greater financial inclusion for SMEs and supporting the economic growth of countries. Start Path Small Business made a non-equity assistance investment in DigiAlly on 08 June 2023. With its focus on revolutionizing the credit process for SMEs, DigiAlly aims to create a green channel that facilitates an efficient lending process and would like to join hands with esteemed organizations on this journey.