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CloudBankin description
CloudBankin is a software suite designed for financial institutions to manage lending operations digitally. It offers tools for loan origination, servicing, digital banking, and more. The platform supports various loan products for individuals and businesses, including business loans, mortgages, and personal loans. CloudBankin allows for customization and independent configuration, enabling businesses to tailor the software to their needs. It aims to streamline and automate lending processes, offering seamless integrations for a comprehensive digital lending solution.
Who is CloudBankin best for
CloudBankin streamlines lending with digital tools for loan origination, servicing, and banking. Users praise its ease of use and comprehensive features, while some note slowdowns and high implementation costs. Perfect for financial institutions aiming to automate lending processes and improve efficiency.
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Best for small to medium-sized businesses seeking to digitize lending.
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Ideal for financial institutions like NBFCs, Fintech companies, and credit unions.
CloudBankin features
| Supported CloudBankin tracks outstanding loan balances throughout the loan lifecycle. |
| Supported CloudBankin processes loan payments via integrated payment gateways and direct debit. |
| Supported CloudBankin supports generating customizable reports on loan performance, payments, and other metrics. |
| Supported CloudBankin offers a loan management dashboard for employees. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Scalability
CloudBankin reviews
We've summarised 127 CloudBankin reviews (CloudBankin G2 reviews) and summarised the main points below.
- The platform is user-friendly and easy to learn, even for those unfamiliar with banking software.
- It offers a wide range of features, covering everything from loan origination to management and accounting.
- Seamless integration with third-party APIs is highly praised.
- CloudBankin’s customer support receives consistently positive feedback for responsiveness and helpfulness.
- The reporting features are generally well-regarded, providing valuable insights into loan portfolios and business performance.
- Slowness issues and difficulties downloading large reports are frequently mentioned.
- High implementation costs are a concern for some users.
- Limited customization options outside of the product roadmap are a drawback.
- Some users find the abundance of reports confusing or overwhelming.
- More documentation or training materials would be helpful, particularly for new users.
CloudBankin pricing
The commentary is based on 22 reviews from CloudBankin G2 reviews.
While CloudBankIN offers valuable features and excellent customer support, some reviewers find the monthly cost high, suggesting a one-time payment option would be preferable. Others find the pricing reasonable and competitive, especially given the comprehensive features.
Users sentiment
CloudBankin alternatives
LendstreamBetter for smaller companies and offers marketing automation. Has slower momentum based on employee growth.Read more
Sageworks LendingMore focused on mid-sized and growing banks in the USA. Has documented G2 reviews and website traffic is growing. Offers consulting services with former banking professionals. Some users find it difficult to learn.Read more
D&B Finance AnalyticsBetter for credit risk assessment and automating credit decisions. A strong D&B Finance Analytics alternative for mid-sized and large businesses needing financial health overviews.Read more
nCino's Mortgage SuiteBetter for mortgage origination and processing. A popular CloudBankin alternative, well-rated by users for ease of use and mobile accessibility.Read more
BankPointHas more momentum and targets a wider range of financial institutions. Offers loan status tracking and built-in document management.Read more
DecisionProMore focused on automated credit underwriting. Has publicly available user reviews. Growing slower than CloudBankin. Fewer features for loan management. A CloudBankin competitor and alternative.Read more
CloudBankin FAQ
What is CloudBankin and what does CloudBankin do?
CloudBankin is a cloud-based lending management software suite for financial institutions. It offers tools to digitize and automate loan origination, servicing, and digital banking processes. With features like balance tracking, payment processing, and reporting, CloudBankin streamlines lending for various loan products. It's customizable and integrates with other systems.
How does CloudBankin integrate with other tools?
CloudBankin offers seamless integrations with third-party APIs, enabling connections with existing systems. However, slowness can occur when downloading large reports, and limited customization options outside the product roadmap may pose challenges for some users.
What the main competitors of CloudBankin?
Alternatives to CloudBankin include Sageworks Lending, Lendstream, DecisionPro, Finflux, and BankPoint. These competitors offer similar features for loan origination, servicing, and digital lending management, catering to various financial institutions.
Is CloudBankin legit?
CloudBankin appears legitimate, boasting a 5/5 rating from 127 reviews on G2. Users praise its user-friendly interface, comprehensive features, and seamless integrations. However, potential customers should be aware of reported slowness issues and high implementation costs.
How much does CloudBankin cost?
I couldn't find pricing details for CloudBankin. Contact CloudBankin directly for product pricing information and to determine if it's worth the investment for your needs.
Is CloudBankin customer service good?
CloudBankin's customer service is generally considered excellent, with users praising the support team's responsiveness and helpfulness. They are known for their proactive approach to problem-solving and readily available assistance. However, response times for feature requests could be improved.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.