On 15th December 2022, Nelito Systems Pvt. Ltd. received the IBSi Global FinTech Innovation Award 2022 in the category Best Digital Lending & Collections Implementation for the successful project of Nelito’s FincraftTM Integrated Lending Management Solution (ILMS) at Laxmi Laghubitta Bittiya Sanstha Limited (LxLB), a microfinance institution (MFI) from Nepal.
IBS Intelligence (IBSi), a UK-based organisation that recognises technology companies and banks for their significant contributions to the implementation and innovation of financial technology, presented its fourth annual IBSi Global FinTech Innovation Awards. Nelito was awarded in the category of "Best Digital Lending Implementation: Best Adoption of Tools and Practices" out of 151 entrants from 47 different countries in this edition.
"Significant accomplishments only occur after a lot of effort, so we are grateful and truly honoured that Nelito's FincraftTM ILMS with Laxmi Laghubitta Bittiya Sanstha Limited (LxLB), Nepal, won this award," said Mr. Ajay Chadha, Executive Director, Nelito Systems, in response to receiving the award. "It is yet another indication that we are on the right track and that our efforts, dedication, high professionalism, and knowledge have been recognized."
On winning this award, Mr. Sanjay Dube, Director & CEO, Nelito Systems, said, "I would like to thank the prestigious jury and IBSi team for honouring Nelito's FincraftTM ILMS with this award. We are now more energised and motivated to take on new and challenging projects that will benefit our organization. Let’s continue this momentum through an intentional commitment to action."