Intellect Design Arena Ltd. announced the launch of iKredit360, a revolutionary credit platform exclusively designed for European financial institutions. With a composable and cloud-native platform, it has the ability to converge financial offerings such as credit products, cards, payments and banking services to create integrated user journeys across the financial ecosystem. Ecommerce players, financial institutions and NBFIs in Europe can leverage this platform to curate credit experiences for their consumer and commercial segments. The world of credit and payments is undoubtedly one of the most disrupted domains in the financial world. Boundaries of ecosystems are getting blurred while possibilities are being redefined, whether it is for a bank or a non-banking financial institution or an ecommerce player or even a Fintech. This has led to reimagining customer experiences, with an imperative objective to be the primary engagement point of target customers. iKredit360 = Convergence + Connections + Cloud. The problem that financial institutions usually face in curating a holistic experience is the challenge of picking up individual pieces of the solution from multiple vendors. These disparate parts create havoc, as more often than not, the underlying technology architecture of these pieces can be completely different. To add to that, any new technology needs to harmoniously co-exist with existing technology platforms and core product systems, and at the same time, have to shake hands with an external ecosystem or a marketplace seamlessly. The iKredit360 platform has been designed on a robust and agile foundation, with a rich set of building blocks, comprising up to 90 Packaged Business Components (PBCs), exclusively for European markets. The technology design of iKredit360 harmonises the convergence of the PBCs (both internal and external) with a built-in, configurable integration framework (iTurmeric). This makes experiences seamless, frictionless and extensible. The platform is cloud-native, bringing the double benefit of cost and risk management. Whether it is an ecommerce player in Europe wanting to extend the purchase and payment experience OR a traditional bank going digital along with a strong cross sell strategy OR a financial institution aspiring to extend its experiences in Retail lending/payments domain with reimagined products like Buy Now Pay Later (BNPL), iKredit360 is the perfect solution to curate experiences in an integrated credit ecosystem.