Responsible Credit And Lending
Empowering individuals through humanizing debt and offering credit with dignity, fostering financial resilience and respect.
Our affiliate partners
Meet the Team Behind Your Financial Success
We are SKM approved co-operative that is setup to serve the underserved population of the country; via community financing mechanism to achieve higher financial inclusion for all.
Our Mission
Our mission at ReCAL is to provide you with quick cash with a HEART. We believe in transparency and respect. We want to give you the key to unlock your financial future.
Our Vision
It is our vision that all Malaysians should have access to credits when required and justified. We pride ourselves on being a responsible direct lender who fosters positive financial behavior and provides our customers with a loan that is compatible with his or her lifestyle.
Our Core
Hassle free application, quick decision and online disbursement is at the core of our operations without compromising the proven-best practices of financial services namely know-your-customer, income derivation, data security and credit risk assessment. We deploy best in class processes and technology platform to drive our milestones.
Our Strengths, Your Confidence
SHARIAH-Complaint
We offer Shariah-compliant financial solutions, ensuring that our services adhere to Islamic principles and values.
Purpose Driven Loan
Our purpose-driven loans are designed to empower your dreams and aspirations, providing the financial support you need for your specific goals.
Straight-Through Processing
We streamline the loan application process with Straight-Through Processing (STP), ensuring seamless and efficient handling of your requests from start to finish.
Data-Powered Credit Assessment
Our data-powered credit assessment leverages advanced algorithms and comprehensive data analysis to determine creditworthiness accurately, helping you make informed lending decisions.
Lending as a Service
We provide Lending as a Service (LaaS), enabling businesses to effortlessly integrate our lending solutions into their platforms, enhancing financial offerings for their customers.
Loan Management System
Our Loan Management System (LMS) simplifies the entire lending process, from application to repayment, with robust features and automation, making loan management efficient and user-friendly.
Digital lending platform
E-KYC (Electronic Know Your Customer)
At the core of our onboarding process lies E-KYC, an Electronic Know Your Customer solution. By employing advanced cryptographic protocols and secure data transmission channels, we ensure a seamless, compliant, and swift customer verification process. This technology not only simplifies onboarding but also guarantees the highest standards of security and regulatory compliance.
Augmented Credit Risk Score
Our Augmented Credit Risk Score is powered by cutting-edge machine learning algorithms. These algorithms, enriched with extensive datasets and predictive modeling, go beyond traditional credit scoring methods. The result is a highly nuanced and precise evaluation of credit risk, providing you with an accurate and comprehensive understanding of your financial standing.
AI-Based Credit Decisioning
Step into the future of credit assessments with our AI-Based Credit Decisioning. Leveraging sophisticated machine learning models, our platform analyzes intricate patterns and dynamic factors to make intelligent, data-driven credit decisions. This ensures a tailored approach to each individual's unique financial profile, enhancing the accuracy and efficiency of the credit decisioning process.
Analytics & Business Intelligence
Our Analytics & Business Intelligence tools empower you with real-time insights and actionable intelligence. Through advanced big data analytics and visualization techniques, we provide a comprehensive view of your financial landscape. This not only facilitates strategic decision-making but also ensures you stay ahead in a rapidly evolving financial environment.
Benefit Of ReCal
Intelligent Onboarding Engine
An advanced Electronic Know Your Customer (EKYC) system that employs cutting-edge technologies for identity verification. It includes features such as high matching rates through facial matching, liveness detection, and micro-expression analysis of borrowers.
Additionally, the system incorporates Intelligent Documents Processing, utilizing Robotic Process Automation to enhance document verification. The onboarding engine offers flexibility with an API-based or Hosted solution, allowing it to be integrated into existing partner online channels (such as employee or merchant portals) or used as a standalone white-labelled site.
Data-Driven Credit Decisioning
ReCAL’s capability to offer a fully automated AI-based credit decisioning solution by incorporating the lender’s risk parameters and utilizing Recal’s augmented credit profile through its proprietary Inference Analytics model. The solution includes multi-faceted scoring rules covering credit scoring classification, repayment trend prediction, default payment prediction, progressive loan recommendation, and new loan offering recommendatio
Lending as a service
Legal
We are not illegal loan sharks (Ah Long) nor are we exorbitant alternative lender; that is taking advantage of your life circumstances. Our rates are capped at maximum of 18% per annum (excluding processing fees) as per Bank Negara guideline.
Technology-enabled
Fast decision via technology-enabled platforms.
Secured platform
Secured platform fulfilling the 4 pillars of financial service provider: KYC, Data Security, Credit Risk Assessment and Income Verification.
Credit assessment
More relevant and real life credit assessment parameters instead of the large financial institutions one-size-fit-all policies.
Flexible Payment
Flexible payment options via online transfer, cash deposit, cheque deposit and JomPay.
Quick Disbursement
Quick disbursement when you need it most; without the administrative red tape.
Choose Us When Financial Solutions Matter Most
It happens to all of us despite the best laid plans. Unforeseen life’s occurrences will often set our financial planning back by months if not years. Whilst ReCAL do not condone irresponsible lifestyle consumption’s, we are here to lend a helping hands in your moment of needs.
- Job Related Expense
- Medical Emergencies
- Car Repair
- Insurance Expenditure
- One Time Life Emergencies
- PTPTN
- Family Expenses
- Child Birth
- Baby Supplies and Strollers
- Groceries
- Cable Repair
Our Products
Leasing
In the ever-evolving landscape of finance, businesses need agile solutions to thrive. ReCAL, your trusted partner in modern leasing. Our innovative platform is designed to revolutionize the way you access and manage leasing solutions, bringing efficiency, transparency, and unparalleled value to your business.
Healthcare Finance
Our platform revolutionizes healthcare finance, providing end-to-end solutions that empower patients and clients to access vital care while offering flexible financing options. We bridge the gap between medical needs and financial accessibility, ensuring a seamless, patient-centric experience for both healthcare providers and individuals seeking quality care.
Embedded Lending / Pay Later
Our platform revolutionizes healthcare finance, providing end-to-end solutions that empower patients and clients to access vital care while offering flexible financing options. We bridge the gap between medical needs and financial accessibility, ensuring a seamless, patient-centric experience for both healthcare providers and individuals seeking quality care.
Pay day / Microfinance
We understand the importance of timely and accessible financial assistance. Our payday and microfinance offerings are designed to provide quick, convenient, and responsible financial support. Whether you need a short-term bridge to your next paycheck or a microfinance solution for small-scale endeavors, we've got you covered.
Prospective Plan
Leveraging cutting-edge technology to meet the demands of traditional financial services, our prospective plan encompasses a variety of offerings tailored for diverse financial needs. In real estate financing, we aim to simplify processes, enhance approval times, and ensure transparent experiences.
Let’s Talk Finance – Request Your Consultation Today
Unlocking Financial Success – Here’s How It Works
01. Select
"Select the desire loan amount and tanure"You will able to see the interest rates, processing fees and monthly repayment amount
02. Submit
"Submit your form via a secure line."You will be able to see the interest rates, processing fees and monthly repayment amount
03. Verify
"eKYC"Your personal financial data is both sensative and personal! We respect that we want to ensure that you are who you said you are.
04. Decide
"Quick online desicionWith your identitiy verified and consent given, we will then retrieve and process your credit worthiness relative to the loan being applied. you will know the desicion within 3 minutes!
05. Accept
"Final Acceptance"Accept the loan offer.
06. Check
"Check your bank balance."Check you bank account in next 48 hours – you’ll see the money deposited.
