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Finflux

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Company health

Employee growth
12% increase in the last year
Financing
June 2022 - $111M

Ratings

G2
4.6/5
(106)
Glassdoor
0.0/5
(185)

Finflux description

Finflux, by M2P Fintech, is a cloud-based software suite providing a range of lending solutions for financial institutions. It includes tools for loan origination, management, and servicing, as well as features like digital onboarding, credit scoring, and reporting. Finflux aims to help businesses streamline their lending processes, improve efficiency, and enhance customer experience through automation and digital workflows. The platform is designed to be scalable and secure, catering to both large banks and smaller fintech companies.


Who is Finflux best for

Finflux is a cloud-based lending platform ideal for financial institutions looking to streamline loan origination, management, and servicing. Users praise its easy-to-use interface and tailored solutions. However, some have noted slow customer support response times and complex reporting. Consider Finflux if you need a scalable and customizable lending solution, but be prepared for potential support challenges.

  • Ideal for small, medium, and enterprise-level financial institutions.

  • Best suited for businesses in the financial services industry seeking to digitize lending.


Finflux features

Type in the name of the feature or in your own words tell us what you need
Supported

Finflux supports loan applications as part of its loan origination system.

Supported

Finflux supports generating reports on loan performance, payments, and other metrics.

Supported

Finflux supports loan disbursement as part of its loan management system.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Customer Service

Rather positive
+0.6

Ease of Use

Strongly positive
+1

Reliability and Performance

Rather positive
+0.33

Ease of Implementation

Strongly positive
+1

Scalability

Strongly positive
+1

Finflux reviews

We've summarised 106 Finflux reviews (Finflux G2 reviews) and summarised the main points below.

Pros of Finflux
  • Finflux provides tailored lending solutions with a vast feature set.
  • The platform is highly scalable and customizable to specific business needs.
  • Users appreciate the easy-to-use interface and seamless onboarding experience.
  • The cloud-agnostic platform enables flexible deployment options.
  • Exceptional customer support and sales expertise are frequently praised.
Cons of Finflux
  • Technical expertise and decision-making from support could be improved.
  • Occasional ambiguity in problem-solving leads to delays.
  • Customer support response times can be slow.
  • Some find the pricing to be on the higher end.
  • Generating reports can be time-consuming, especially with large data volumes.

Finflux pricing

The commentary is based on 2 reviews from Finflux G2 reviews.

Finflux's pricing is considered high-end but delivers excellent value. Users mention the cost is justified by streamlined operations, increased revenue, and innovative financial solutions. While expensive, the pricing reflects the robust features and dedicated support Finflux offers.

Users sentiment

Strongly positive
+1

Finflux alternatives

  • Logo of BankPoint
    BankPoint
    Has less momentum and lower ratings. Lacks loan disbursement, reporting, and loan application features. A Finflux competitor and alternative.
    Read more
  • Logo of nCino's Mortgage Suite
    nCino's Mortgage Suite
    More mortgage-focused. Users highlight the convenient mobile app and streamlined document upload features. However, some users mention reduced customization and integration issues after the nCino acquisition.
    Read more
  • Logo of CompassWay
    CompassWay
    Has broader lending application coverage, supporting both B2B and B2C lending. Finflux competitor and alternative, CompassWay, is growing faster.
    Read more
  • Logo of D&B Finance Analytics
    D&B Finance Analytics
    Better for credit risk assessment and account management. A strong D&B Finance Analytics alternative for mid-sized and enterprise businesses.
    Read more
  • Logo of CloudBankin
    CloudBankin
    Better for users new to banking software due to ease of use. Has grown its team much faster. Offers more integrations such as accounting software and payment processing. Negative pricing sentiment. CloudBankin is a strong Finflux competitor and alternative.
    Read more
  • Logo of Sageworks Lending
    Sageworks Lending
    Better ratings and more user-friendly, but has slower momentum and caters specifically to mid-sized and growing banks in the USA. Some users find it expensive and difficult to learn. A strong Sageworks Lending alternative for those outside the USA or seeking broader functionality.
    Read more

Finflux FAQ

  • What is Finflux and what does Finflux do?

    Finflux by M2P Fintech is a cloud-based lending software suite. It offers tools for loan origination, management, and servicing, including digital onboarding, credit scoring, and reporting. Finflux helps financial institutions streamline lending, improve efficiency, and enhance customer experience. It's scalable and secure, suitable for both large banks and smaller fintech companies.

  • How does Finflux integrate with other tools?

    Finflux integrates seamlessly with existing core banking systems and offers open APIs. This allows financial institutions to connect Finflux with other tools and services, enhancing automation and data exchange across different platforms. This flexible integration approach supports a streamlined and efficient lending ecosystem.

  • What the main competitors of Finflux?

    Top alternatives to Finflux include BankPoint, CompassWay, CloudBankin, Sageworks Lending, nCino's Mortgage Suite, and Brex. These competitors offer similar loan origination, management, and servicing tools for financial institutions seeking to digitize lending processes.

  • Is Finflux legit?

    Finflux is a legitimate cloud-based lending platform by M2P Fintech. User reviews praise its tailored solutions, scalability, and ease of use. While some users mention slower customer support response times and higher pricing, Finflux appears to be a safe and reliable option for financial institutions seeking to digitize lending processes.

  • How much does Finflux cost?

    I couldn't find pricing details for Finflux. For the most current information regarding product pricing, it's recommended to visit the vendor's website.

  • Is Finflux customer service good?

    Finflux's customer support receives mixed reviews. While most users praise the team's helpfulness and responsiveness, some have experienced slow response times and occasional ambiguity in problem-solving. A few users also mention delays in resolving issues.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

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.

TT
Tymon Terlikiewicz
CTO at Gralio

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.