Credit Wise Capital launches the “Twin2” bot integrated with WhatsApp for 2-wheel $500 loans

“Unlike the culture of conventional dealers in India, Twin2 is a step forward towards a unified interface that remains the same for all customers,†the company said in its statement. She added that she had placed physical cutouts with scannable QR codes from the Twin2. visited over 500 dealerships across the country, connecting them directly with the bot.

A customer can inquire about the 0 loans from the bot, get the loan sanction letter and the bot will guide them to the nearest partner dealership based on their location where they can show their sanction letter for their two-wheeler.

“The winner in the two-wheeler finance industry will be the one who is able to control customer acquisition costs. If you can control that, they can scale India exponentially into a branchless model and that’s what we aim to do at Credit Wise Capital, â€said Aalesh Avlani, Founder of Credit Wise Capital.

The loan offers a repayment term of 24 to 36 months.

Twin2 is launched and has already received 5,000 connections in its first week of operation, the company said. “Twin2 is something customers have never seen before. It is the symbol of transparency and running speed. It’s the new era for dealers and financial institutions and Credit Wise Capital is leading it, â€said Karan Thappar, owner of Pilot Honda, commenting on Twin2’s success in his retail store.

The company explained that Twin2 is getting leads for loan sanctioning using Credit Wise’s existing digital partners to simplify the transaction for users and it is also leveraging existing client bases with Credit Wise Capital integrated with partner platforms to organize an efficient customer experience. Credit Wise has claimed that it is integrated with several financial technology companies, which leads to approximately 2,000 two-wheeler financing leads per day.