MUMBAI, India, Aug. 10 -- Intellectual Property India has published a patent application (202641083219 A) filed by Saveetha Institute Of Medical And Technical Sciences on July 07, 2026, for Lendsafe - Micro - Finance With Ai Analysis And Gamification.
Inventors include Mr. K. Varun Kumar; Dr. Bharatha Devi; and Dr Ramya Mohan.
The application for the patent was published on July 31, 2026, under issue no. 31/2026.
Abstract: To meet the growing demand for transparent micro-lending solutions for small businesses, LendSafe is being developed as an innovative Microfmance App that incorporates Al analysis and gamification. The app provides tools for borrower verification, microloan management, and fraud prevention within a secure ecosystem. Key features include a centralized backend for managing borrower data and a trust scoring system utilizing Aadhaar or GST for verification. An Al Risk Engine evaluates borrower histories, supporting informed lending decisions. Gamification elements encourage user engagement and financial responsibility. By addressing issues like identity verification, fraud, and low financial literacy, LendSafe promotes trust, mitigates lending risks, and empowers small businesses to foster sustainable financial environments.
Disclaimer: Curated by HT Syndication.
