Ezbob Upgrades Lending-as-a-Service Solution with Powerful Smart Onboarding
Summary
Using APIs, Ezbob clients can integrate their digital offering with multiple partners such as affiliates, brokers and introducers to expand their market reach. Instead of redirecting a business to a bank’s website, the partner can connect securely to Ezbob’s APIs to create a link directly into the decision engine responsible for approving a loan. Tomer Guriel, Chief Executive Officer, Ezbob, said: “We’re delighted to support the millions of SMEs out there by enabling lenders to offer a significantly enhanced onboarding experience. We’re particularly excited about the multiple use cases for the financial industry including all types of lending products, opening bank accounts, insurance, FX and payments.” Ezbob is a pioneer in the rapidly-growing ‘lending as a service’ (LaaS) sector. Sensing the direction of change in bank and fintech relationships from disruption to collaboration, we made the decision to stop lending and instead fully concentrate on being a technology vendor.