HCL helped to create the ‘hapipozyczki’ IT platform, which provides online loans to Polish consumers.

This is an important part of IPF’s growth strategy and will help the group to attract new customers who want to take out a remote loan with the business via digital channels. The digital transformation program has enabled IPF to drastically reduce its application-to-loan-disbursement cycle to 15 minutes. This was done through a new digital lending platform powered with real-time analytics and process accelerators. The new platform will help IPF deliver a great online experience and further cement brand loyalty.

“While our Polish presence was growing, the business was mindful of increasing competition, particularly from online lenders. With HCL as our preferred technology partner, we launched the hapipozyczki business by digitalizing processes such as credit decisioning, fraud prevention and loan disbursements.” said Doug Kleppen, IT Director, IPF. “HCL’s involvement and application of its industry-leading solutions helped IPF to successfully introduce a new business proposition.”

"We are pleased to have partnered with IPF in the launch of their hapipozyczki digital business. This platform is a new revenue channel for IPF and enables highly automated loan processing," said Rahul Singh, President, Financial Services, HCL Technologies. "Our solution helps IPF to make the most of the opportunities it faces by appealing to customers who want to avail loans digitally. The successful execution of this solution is a testimony to HCL’s business focused digital transformation capabilities.”

HCL’s BeyondDigital Business Unit delivers digitalization services to Fortune500/Global100 using its unique approach of digitalizing the entire business i.e. front office, middle office and back office of an organization. The business has a dedicated base of industry-leading skills and several unique IPs which differentiate its position in the market.