“JurisTech provides digital solution software and platforms to companies, while CTOS provides data and analytics. Combined, we bring a complete end-to-end digital lending solution to the market, subsequently establishing ourselves as a one-stop-solution for financial institutions,” he tells StarBizWeek. CTOS had earlier guided that the strategic stake would immediately contribute an additional 13% to its financial year 22 (FY22) forecast net profit, which translates to about RM9.5mil according to Hong Leong Investment Bank Research.

The business is also cash-generative with about 65% of its total revenue being recurring.

Digital banks are expected to be more borrower-centric with tailored customer solutions, faster approvals and disbursement of funds.

This would inevitably require more credit reporting assessments for lending to the underserved and unserved banking population, which includes the small and medium-sized enterprises, say analysts.这种情况会发生比如那些杂牌商家拿到网上银行牌照然后完全没有新客户的资料背景，那么的确需要去找新的报告来批loan....