Trade Ledger's LaaS platform to be used by Bibby Financial Services

Wednesday 2 December 2020 14:50 CET | News

Trade Ledger has announced that Bibby Financial Services (BFS) has adopted the company’s origination platform to use it for customer onboarding and operational processes.

Trade Ledger is a global technology provider for the commercial banking and financial services industry. Its Lending-as-a-Service platform allows funders to make use of business finance in the digital era using cloud-native technologies, Open Banking APIs, and analytics to reach process automation along the financing process. 

BFS, a global SME financier, will use the platform for its e-apply functionality to support the application process and enable control for businesses seeking funding. The service will provide a digital self-service onboarding and application journey from the BFS website, where prospects are able to view and manage applications in a single portal.

The platform will connect directly to a business’ accounting systems and to a range of third-party data sources to provide a view of financial health and credit eligibility.

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Keywords: Trade Ledger, Bibby Financial Services, partnership, Lending-as-a-Service, onboarding, Open Banking, API, SME
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech

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