Press Release

Yubi Signs a Strategic Partnership with SBI to Extend Credit Access to the Priority Sector in India via its Co-lending Platform, Yubi Co.Lend

  • SBI has a sizeable network of NBFC partners for co-lending, and the Bank will leverage CredAvenue’s (Now Yubi) co-lending technology infrastructure to accelerate credit to the priority sectors in India

  • Yubi will enable SBI to collaborate with various financial institutions and build a diverse and profitable portfolio in multiple sectors


Chennai, 27th September 2022: CredAvenue (now Yubi), the world’s first possibility platform that powers the discovery, execution and fulfilment of credit, has partnered with India’s largest bank, the State Bank of India (SBI), to help grow the bank’s co-lending portfolio. SBI will be integrated with the largest co-lending platform in India, Yubi Co.Lend, which is trusted by the lending ecosystem that provides an end-to-end solution and enables lenders to collaborate with multiple partners with a quick one-time Application Programming Interface (API) integration. This strategic alliance aims to facilitate seamless and faster credit to the priority sector, ultimately reducing the country-wide credit gap.


SBI partnership signing with Irfan Mohammed, Chief Business Officer, Financial Services, Yubi and Devarsh Mapuskar, Head – Unification, Yubi


As a result of this partnership, Yubi Co.Lend will assist SBI in collaborating with an extensive base of Non-Banking Financial Companies (NBFCs), Housing Finance Companies (HFCs) and Fintechs to amp up its co-lending business. On the other hand, Yubi will also build, manage and monitor SBI’s co-lending portfolio. The platform will also ensure all compliance to enhance the user experience.


Commenting on this strategic move, Gaurav Kumar, Founder and CEO, Yubi, said, “The path to democratising credit access for the unserved and underserved segments can be paved by fostering synergies through co-lending partnerships. We are delighted to partner with SBI and aid them in accelerating credit to the priority sectors in the country as well and deepening debt markets in India. Moreover, Yubi’s tech-enabled end-to-end co-lending infrastructure will help expand their loan portfolio across asset classes. This partnership has the potential to unlock $1 Trillion in capital for Priority Sector Lending in tier 2,3,4 cities, small enterprises, and farmers, which will go towards scaling their businesses, increased earning power, and the ability to create value for their communities and the country at large.”


On Yubi’s co-lending platform, SBI can choose its co-lending partners, create its co-lending product programme, and digitally manage operations. Multiple asset classes will be covered by this model, which is consistent with the bank’s portfolio approach. Given that several financial institutions have already joined the Yubi platform, SBI will be able to integrate with all of them via a single, one-time integration, saving the bank precious time and effort.


Initiated by the Reserve Bank of India, co-lending or co-origination offers a framework for cooperation between two financial institutions, such as a bank and an NBFC, to jointly fund the customer’s needs. This arrangement makes the most of the strengths of both lenders by combining the low-cost fund of a bank with the local capabilities—sourcing and service experience of an NBFC—making it a win-win situation for all parties involved.

About Yubi: Yubi is the world’s first possibility platform, powering the discovery, execution and fulfilment of credit. It is a unified credit platform with a comprehensive product suite catering to every stage of the debt lifecycle. It is a global pioneer that aims to revolutionise and deepen debt markets and is the only one of its kind in the world to provide a comprehensive debt product suite to all its borrowers.

The organisation has a portfolio of 8 platforms catering to every requirement of both borrowers and investors –

  1. Yubi Loans: India’s leading digitised corporate lending platform for banks and enterprises, designed to automate all corporate loan needs – onboarding, discovery, credit evaluation and facilitating disbursals five times faster than ever.

  2. Yubi Co.Lend: Largest co-lending platform in India, trusted by the lending ecosystem to discover, go live and collaborate with multiple partners with quick one-time API integration. Having facilitated the disbursal of ₹5000Cr+ Loans till date, Yubi Co.Lend registers over 80k transactions per day and has 10 Lakh+ retail clients

  3. Yubi Invest: India’s leading Fixed Income Investment platform for bond issuance and investment for institutional and retail investors.

  4. Yubi Flow: A fully integrated & easy-to-use supply chain finance platform that offers trade financing solutions to lenders and corporates to strengthen their channel partner ecosystem.

  5. Yubi Pools: End-to-end securitisation management system for Banks & NBFCs that brings unparalleled efficiencies and a data-driven approach to ABS deal-making.

  6. Yubi Build: A one-stop platform connecting borrowers from the real estate and infrastructure sector with multiple lenders that offers discovery, execution, support and advanced monitoring modules.

In addition, Yubi’s collections arm, spocto, is a global collect-tech platform that has pioneered debt collection using its AI-enabled recovery infrastructure. Launched by Sumeet Srivastava and Puja Srivastava in 2016, spocto enhances collection mechanisms that provide better opportunities to banks as well as consumers in their loan repayment process. spocto has processed loans worth USD 25 Billion through the collection of 35 million loan accounts in FY22.

Corpository (also Yubi company) is a full-stack corporate credit underwriting company.  The company also offers portfolio management and monitoring services as a SaaS offering to its borrowers and lenders.

Yubi currently has over 3,000+ Corporates and 750+ Lenders and has facilitated debt volumes of over INR 100,000 Crores. Yubi is an organisation on a mission to deepen and power the USD 120 trillion global enterprise debt market to unlock a GDP multiplier and create massive economic value.

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