Biz2Credit Inc. announced on Tuesday the launch of its new turnkey global SaaS platform, Biz2X. According to Biz2Credit, Biz2X enables financial institutions to provide a customized online lending experience for their small and midsize business customers. Biz2Credit further explained:
“The Biz2X Platform is the natural outgrowth of Biz2Credit’s established platform software that brands like HSBC and Popular Bank have chosen to launch new online lending initiatives. With enhanced loan management, servicing, risk analytics, and a configurable customer journey, Biz2X is helping banks like these run their lending operations at scale.”
Biz2Credit went on to reveal that the Biz2X Platform offers end-to-end loan management features, including:
- Loan Level Pricing
- A Risk Analytics Tool Suite
- Credit Policies Configured to Banks’ Needs
- An Intelligent, Dynamic Application for Each Product Type
- Low to No IT Work Required
- Cross-Device Compatibility
Speaking about the platform, Rohit Arora, CEO and Co-Founder of Biz2Credit, stated:
“Biz2X is built on the same technology that has helped Biz2Credit become the premier digital lending platform for small businesses. Our clients get to use that expertise to automate their small business lending and improve their pricing and credit decisions.”
Vineet Tyagi, Global Chief Technology Officer at Biz2Credit, went on to add:
“Biz2X continues our long history of building innovative digital solutions in the fintech space. Biz2X is designed on a microservices architecture that allows it to connect seamlessly into other tools across the whole technology ecosystem. The platform is also SOC-2 certified, which means it has passed the industry’s highest level of security testing.”