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Case StudyFinance

Asset-Backed Lender

How a fintech lender built a new luxury asset lending product using KYP-verified collateral assessment.

3x

Faster underwriting

01

The Challenge

A fintech company specializing in asset-backed lending wanted to expand into luxury goods but faced fundamental challenges in collateral verification that made traditional approaches uneconomic.

Key Pain Points

  • 01No reliable method to verify luxury item authenticity at scale
  • 02Appraisal costs consuming potential loan margins
  • 03Ownership verification requiring extensive documentation
  • 04Liquidation risk from uncertain resale values
  • 05Unable to offer competitive rates due to risk premium requirements
02

The Solution

Vaultik's KYP infrastructure provided the full collateral verification stack: authentication, valuation, condition assessment, and ownership verification in a single API call.

Comprehensive KYP assessment for loan applications
Real-time market valuation for LTV calculations
Ownership verification and encumbrance checks
Condition monitoring during loan term
Liquidation channel integration for default scenarios
03

Implementation Timeline

18 weeks from concept to loan origination

01

Product Design

Loan product structuring with KYP-based risk models

4 weeks
02

Technical Integration

API integration with lending platform and underwriting engine

6 weeks
03

Risk Model Calibration

Historical data analysis and model validation

5 weeks
04

Soft Launch

Limited release with manual oversight

3 weeks
04

The Results

The KYP-powered lending product achieved unit economics that made luxury asset lending viable at scale for the first time.

3x

Faster underwriting

Loan decisions in hours instead of days

45%

Lower risk premium

Reduced rates enabled by verified collateral

$12M

Loan volume (Q1)

First quarter originations exceeded projections

0.3%

Default rate

Well below industry average for asset-backed lending

05
"KYP solved the chicken-and-egg problem of luxury lending. You can't lend against assets you can't verify, and verification was too expensive until now."

Head of Product

Alternative Lending Fintech

06

Explore Solutions

See how we serve finance
07

Ready for Similar

Results?

Talk to our team about how Vaultik can transform your operations.

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