One cloud platform for the full lending lifecycle
Ridge is Redian Software's own cloud Loan Origination System (LOS) + Loan Management System (LMS) for lenders across markets — non-bank financial companies (NBFCs) in India, microfinance institutions (MFIs) in Africa and South Asia, and SACCOs and credit unions in Kenya, Uganda, Tanzania, Rwanda and beyond. From application capture to underwriting, disbursement, servicing, collections, provisioning and regulator reporting — all in one platform, hosted in the cloud, live in weeks not quarters.
Nothing to install. Nothing to server-manage. Nothing to explain to your auditor about "where the data lives" — Ridge is multi-tenant, region-resident, encrypted end-to-end, with a full audit trail from day one.
Start a free trial at ridge.rediansoftware.com — no credit card, real data, real workflows.
What Ridge does out of the box
Loan Origination (LOS)
- Customer & member management — KYC capture, national-ID validation (Aadhaar / PAN / KRA / national ID per market), CRM, KYB for group and corporate borrowers.
- Application capture — configurable forms per loan product, mobile-first officer app, member self-service on a phone browser, document upload with OCR.
- Credit decisioning — configurable scorecards, credit-bureau pulls (CIBIL / Experian / CRB / TransUnion Africa where applicable), policy rules engine, deviation workflows.
- Underwriting & credit committee — multi-level approval workflow, guarantor selection with share-book / co-obligor check, deviation tracking, e-signature.
- Disbursement — bank transfer, mobile money (M-Pesa / Airtel Money / MoMo / UPI), cheque, cash — with reconciliation on the back-end.
Loan Management (LMS)
- Loan products — reducing balance, flat, IRR, EMI, bullet, Islamic (Murabaha) products. Configurable fees, grace periods, penalty rules, repayment cycles, currency.
- Repayments & collections — mobile-money reconciliation, UPI/e-mandate/NACH ingest for India, check-off for salaried borrowers, standing orders, IVR / SMS / WhatsApp collection nudges, auto-allocation across principal / interest / penalty / insurance.
- Provisioning & NPA — regulator-aligned classification (RBI IRAC for India, SASRA for Kenya, CBK / CBN / BoT for East + West Africa), IFRS-9 expected credit loss, auto-provisioning, restructuring, write-off workflow.
- General ledger — double-entry accounting, chart of accounts pre-configured per lender type, trial balance, income statement, balance sheet, cashflow.
- Regulator reporting — RBI returns for NBFCs, SASRA SS-1 to SS-9 for SACCOs, CBK microfinance returns, IFRS-9 disclosures — generated from live data, no spreadsheet gymnastics before deadlines.
- Member / borrower portal — check balance, apply, view statement, request top-up, upload documents from a phone browser.
Multi-country by design
Ridge ships with regulator profiles per country — the classification bands, prudential ratios, return formats and audit obligations that apply to a lender are configuration, not code. Switch on the profile that matches your licence and Ridge handles the rest.
- India — RBI IRAC classification (Standard / SMA-0/1/2 / Sub-Standard / Doubtful / Loss), NBFC returns (DNBS-01 through DNBS-14), CIC reporting, GST, TDS, e-mandate / NACH / UPI Autopay.
- Kenya — SASRA Prudential Guidelines, SS-1 to SS-9 returns for DT-SACCOs, FRC AML/CFT alignment, M-Pesa Daraja + Pesalink native, KRA integration, KYC via IPRS.
- Uganda, Tanzania, Rwanda, Zambia — country-specific microfinance and cooperative regulator profiles, mobile-money rails (Airtel Money, MTN MoMo, Tigo Pesa, Zamtel), central-bank returns.
- West Africa & MEA — CBN / BCEAO / SAMA profiles configurable at deployment.
One platform, one codebase, per-tenant regulator profile. New country? We add the profile — you inherit it.
Payments and rails — native, not bolted on
Ridge ships pre-integrated with the payment infrastructure lenders actually use in each market.
- India — UPI Autopay, NACH e-mandate, IMPS, RTGS/NEFT, IMPS P2A, Razorpay / Cashfree / Paytm collection.
- Kenya & East Africa — M-Pesa (Paybill, Till, C2B, B2C, STK Push), Pesalink, Airtel Money, MTN MoMo, Tigo Pesa, RTGS/EFT.
- Aggregators & bureaux — Cellulant, Interswitch, Direct Pay Online, TransUnion Africa CRB, CIBIL, Experian, Equifax.
- Check-off — ingest employer check-off files, allocate against expected instalments, flag shortfalls automatically.
The Payments team spends their day on reconciliation exceptions, not integration.
Why cloud, why now
Small and mid-sized lenders in India, East Africa and MEA are being pushed on three fronts at once — regulators (RBI, SASRA, CBK, CBN, BCEAO) are tightening capital adequacy and reporting cadence, borrowers expect the same convenience they get from fintech unicorns, and the cost of running your own IT team, servers and backups has stopped making sense at any but the largest institutions.
Ridge is our answer. The lending platform we have deployed as bespoke installations for Tier-2 African banks and MFIs, re-packaged as multi-tenant SaaS for the mid-market — same engineering, same regulator-grade audit trails, a fraction of the cost.
- No servers to buy or maintain — Ridge runs on cloud infrastructure with 99.9% uptime SLA and encrypted daily backups.
- New features every quarter — you inherit them automatically, at no extra cost.
- Regulator changes absorbed once — when RBI, SASRA, CBK or CBN updates a return format or ratio calculation, we ship the change to every Ridge tenant on the same day.
Ridge vs building your own or running a legacy install
- Legacy on-premise LOS/LMS — you own the licence, the server, the DBA, the backup tape and the regulator-update project. Every rule change is your project to deliver.
- Building your own — attractive in a slide, expensive in reality. Two years and $200K+ to reach where Ridge is on day one, and you inherit the maintenance liability forever.
- Ridge (cloud SaaS) — monthly subscription, no capex, no server room, no in-house DBA. Regulator updates arrive automatically. You focus on portfolio growth, not infrastructure.
Simple, per-tenant pricing
Ridge is priced per-institution with three tiers based on active borrower count. No per-transaction fees, no per-loan surcharge, no percentage-of-portfolio nonsense.
| Tier | Active borrowers | Includes |
|---|---|---|
| Starter | Up to 2,000 | Full LOS + LMS, mobile-money integrations, regulator returns, borrower portal, email support. |
| Growth | 2,000 – 25,000 | Everything in Starter + check-off, bank integrations, bureau pulls, dedicated onboarding, SLA support. |
| Enterprise | 25,000+ | Everything in Growth + white-label branding, custom integrations, dedicated success manager, 24×7 SLA, single-tenant option. |
Every tier includes a free trial period. First-year discounts available for lenders migrating from a legacy on-premise system.
Who Ridge is for
Ridge is designed for the mid-market segment of the lending industry across our operating countries — 500 to 100,000-borrower institutions that have outgrown spreadsheets or a single-purpose lending tool but do not need a bespoke million-dollar core banking rollout.
- NBFCs in India — MSME lenders, consumer-durable financiers, gold-loan NBFCs, LAP specialists, Type I to Type III NBFCs.
- MFIs across Africa and South Asia — group-lending and JLG models, individual microloans, agri-finance, women-focused lending.
- SACCOs, cooperatives and credit unions — teachers' SACCOs, matatu / boda SACCOs, government-payroll SACCOs, housing cooperatives, DT-SACCOs stepping into deposit-taking.
- Digital lenders and fintechs — pilot-stage lenders that need a compliant back-office without building it from scratch.
Larger Tier-1 institutions typically want a bespoke deployment with private cloud, custom integrations and dedicated support — we do those too. Talk to our BFSI team and we will point you to the right shape.
About Redian Software
Redian is a CMMI Level 3 Appraised enterprise software company. We have delivered core banking, digital channels and lending platforms for banks, MFIs and NBFCs across India, Kenya, Cameroon, Uganda and Zambia since 2016. Ridge is our lending-focused SaaS product — the same engineering DNA that runs regulated banks, packaged for the mid-market lender.
Ready to see Ridge on your own portfolio's data? Start the free trial — you will be posting a test disbursement in ten minutes.
