Open Credit Enablement NetworkDemocratising Credit
Credit gap for MSMEs is ₹20 - 25 trillion
Less than 11% of MSMEs have access to formal credit
OCEN is an attempt to solve these problems by creating a framework for
Short tenures & small ticket loans
Allow remote lenders to operate in distant geographies
Allow consented access of alternate sources of data
How it works
Introducing OCEN 4.0: Transforming MSME Lending
Deep Dive Into OCEN 4.0 Tech
OCEN 4.0: Intro to Borrower Agent Openhouse
OCEN 4.0: Intro to Lenders Openhouse
Trusted by leading financial institutes
OCEN 4.0 Wave One Partners
Loan Agents
Lenders
TSPs
Credit Guarantee Partners
IN THE NEWS
Read how OCEN is making waves
OCEN 4.0 unveiled to facilitate short-tenor loans to MSMEs - The Economic Times
OCEN is a framework of application programming interfaces (APIs) for interaction between lenders, loan agents, collection and disbursement partners, derived data providers, and account aggregators.
Article
3 min read
'All about helping Rajni' — tech gurus at iSPIRT quietly power India's digital revolution - The Print
With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.
Article
8 min read
Open Credit Enablement Network will democratise credit, help small businesses : Nandan Nilekani - The Financial Express
Nilekani said India has become a “hotbed” of fintech innovation with inception of the UIDAI and NPCI over a decade ago and products like IMPS, FastTag and UPI have made transactions easier.
Article
2 min read