OCEN Ecosystem Progress Snapshot:

The Open Credit Enablement Network (OCEN) post its initial pilot deployment and continuous upgrades and improvements has seen growing participation across the ecosystem. OCEN’s transition from its early stages into the growth phase is now reflecting in its growing volumes and addition of new ecosystem partners. 

Monthly Progress Report: 

With the start of the new financial year, the April-June quarter is usually considered a sluggish season in financial services, more particularly in lending business. Corresponding trend reflects in the April performance on the OCEN traction as well, however April & May are still looking progressive in comparison to Jan & Feb performance, considering March financial year end rush as an exception. As newer products and lenders go live on OCEN, the trendline growth looks promising. 

Here’s a quick look at the latest numbers on the OCEN ecosystem:

MetricJan-25Feb-25Mar-25Apr-25May-25
No. of Lenders Live on OCEN77788
No. of Borrower Agents Live66666
No. of Technology Service Providers (TSPs) with active deployment 23333
No. of Loan Products1111111212
No. of Loans Disbursed8951567317938614552
Disbursement Amount₹25.17 Crore₹33.67 Crore₹139.11 Crore₹76.13 Crore₹90.82 Crore
Average Loan Ticket Size₹2.81 Lakh₹2.14 Lakh₹4.37 Lakh₹1.97 Lakh₹1.99 Lakh

OCEN continues to engage with ecosystem partners to build the momentum for new cash flow lending products for MSMEs.

For more information, please visit: http://ocen.dev

Please note: The blog post is authored by our volunteer, Rahul Bhaik

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