Madiston News

2 minutes reading time (353 words)

Madiston’s Lending Platform Supports Carilend’s Caribbean Expansion

Read our recent news coverage of Madiston's Digital Lending software that has enabled the launch of Carilend's Instaloan in Trinidad & Tobago. This was the third Caribbean country to launch for Carilend, this one in partnership with Massy Finance. All Carilend's online lending services in Barbados, Jamaica and Trinidad & Tobago run on Madiston's lending software platform.


"Describing Madiston's six-year contribution to the company's expansion, Carilend CEO, Mark Young, explains how "they have provided the digital lending technology on which the whole Carilend Group operates, from customer onboarding through loan servicing."
Young recognises the platform as a "robust and highly flexible platform which has enabled us to keep our operational costs down, add new products as we grew and expand geographically."

When discussing the compliance capabilities of the digital lending software platform, Young explains how Madiston "provides the rails on which all processing takes place, ensuring consistency of approach and adherence to quality standards."
"It enables us to collate data, providing reports in each country's currency and allows us to bring Group level management information together for overall control," continues Young."

Read The Fintech Times article here.


"Madiston's customer service is frankly second to none." Mark Young, CEO, Carilend

Read the Peer to Peer Finance News article here.


"…this has been achieved on a single instance of Madiston's lending technology with different currencies, different banking arrangements, different processes, all managed separately but operating within one platform. Each country offers different lending products too, from institutional lending, peer to peer lending, Buy Now Pay Later loans to salary deducted loans.

Read the P2P-Banking article here.

As Madiston's CEO. Tim Simon concluded:

"We always set out to be more than a technology provider, we wanted to help Carilend deliver their ambitious plans at each step of the way. Their digital lending growth on our technology enabled them to attract key strategic partners like the VM Group and Massy Finance, which is testimony to their achievements to date. We look forward to continuing to support Carilend, wherever their expansion plans go next." 

Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.