Digitap: AI-Powered API Platform for Banking and FinTech

Digitap

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Type:
Website
Last Updated:
2025/09/14
Description:
Digitap is an AI-powered API platform for banking and FinTech, offering solutions for credit underwriting, digital customer onboarding, and risk management.
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FinTech API
credit underwriting
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Overview of Digitap

Digitap: AI-Powered API Platform for Banking and FinTech

What is Digitap?

Digitap is an AI-driven platform that provides end-to-end API solutions specifically designed for the banking, financial services, and insurance (BFSI) sectors, as well as FinTech companies. Digitap's core mission is to simplify and enhance financial processes through cutting-edge artificial intelligence and machine learning.

How does Digitap work?

Digitap offers a suite of products designed to streamline various financial operations:

  • Onboarding Suite: Provides APIs for digital customer onboarding, including Digital KYC (Know Your Customer), OCR (Optical Character Recognition) & validation of KYC documents, and Video KYC.
  • Alternate Data Suite: Assesses customer creditworthiness using alternate data sources like bank statements, device data, e-commerce data, social media data, and telecom data.
  • TSP for Account Aggregator: As a certified TSP (Technology Service Provider), Digitap provides a FIU (Financial Information User) module with integrations to all Account Aggregators, along with variables necessary for credit underwriting.
  • Expense Manager: Digitap's SDK allows clients to access customer expense data and offers personalized insights for cross-selling products.

Why is Digitap important?

Digitap's solutions offer several key benefits to financial institutions:

  • Advanced Automated Risk Management: Scorecards that offer better evaluation through network, SMS, social media, e-commerce, and cash flow analysis.
  • Improved Customer Onboarding: Enhanced identification of customers with backend verification of government documents.
  • API-Based Plug-In Solution: Faster integrations and a dedicated project team to accelerate launch.
  • Faster Processing: Market-leading execution speeds with high accuracy rates.
  • Cost Efficiency: Low-cost solutions to maintain efficiency and improve the bottom line.
  • Scalable Solutions: Ability to scale from thousands to hundreds of thousands of customers with minimal disruption.

How to use Digitap?

Financial institutions can integrate Digitap's APIs into their existing systems. Digitap offers a dedicated project team to ensure smooth and fast integrations. To get started, schedule a live demo through their website. The API based plug in solution helps companies get live soon with faster integrations.

Where can I use Digitap?

Digitap can be used in various scenarios within the banking and FinTech sectors:

  • Credit Underwriting: Evaluating the creditworthiness of potential borrowers using diverse data sources.
  • Digital Onboarding: Streamlining the process of verifying and onboarding new customers digitally.
  • Risk Management: Automating and enhancing risk assessment processes.
  • Personalized Financial Services: Offering tailored products and services based on customer expense data.

Client Testimonials

Here are a few testimonials from Digitap's clients:

  • Suhail Khan, Product Manager, BharatPe: "We have been using Digitap's solutions for our video-based customer due diligence process for over 6 months and the experience has been outstanding... the level of customization and support that Digitap provides and that responsiveness has helped us scale up much faster."
  • Gaurav Gupta, CEO, MoneyWide: "When we started work on building out MoneyWide, we found in Digitap a technology service partner who understood our requirements very well and gave us solutions we could rely upon."
  • Karun Thareja, CPO, Faircent: "We have been working with Digitap for a long time and really like the spirit of partnership we have been able to foster in the relationship to achieve mutual objectives."

Pricing

Digitap's website does not explicitly list pricing information. You should contact them directly for pricing details and customized solutions.

Contact Information

  • Address: Digitap.AI Enterprise Solutions Private Limited, Novel MSR Park, 5th Floor, K. No. 731/2389, 93/9, Varthur Main Road, Marathahalli, Bangalore – 560037.
  • Email: info@digitap.ai, sales@digitap.ai

Digitap's AI-powered API platform provides a comprehensive suite of tools for banking and FinTech companies looking to optimize their operations, enhance customer experience, and improve risk management.

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