Biz2Xa digital lending SaaS platform, launched ‘Maadhyam‘, an integrated cross-channel ecosystem middleware that brings more than automation and analytics to the lender-borrower equation.
Maadhyam makes it easier, more efficient and effective for banks and NBFCs to lend. At the same time, it gives industry aggregators the ability to facilitate transparent, real-time credit among their partner networks. Maadhyam benefits SMEs by opening avenues of credit to conduct and grow their business.
Maadhyam is powered by next generation technologies such as artificial intelligence and machine learning.
Rohit AroraCEO and Co-Founder, Biz2Credit and Biz2X said: “Last year we made an announcement to support the government’s ‘Aatmanirbhar’ mission by investing in Made in India Fintech products. With the launch of Maadhyam, we are now one step closer to our mission.
He further added, “SMEs have the potential to stage the next wave of overall economic growth in India. Together with Maadhyam, we will propel Indian SMEs by helping them make better and faster credit decisions. Thus, we aim to invest $25 million over the next 3 years to develop Maadhyam and make India the fintech capital of the world.
Vineet Tyagi, global technical director, Biz2X commented, “With the launch of Maadhyam, we aim to make Aatmanirbhar India’s SME by strengthening the digital connection between lenders and aggregators. With Maadhyam, businesses would be able to get loans in near real-time, as Maadhyam will provide out-of-the-box AI-powered credit scoring to lenders to understand these customers. We offer an open offer of collaboration to all banks – NBFC as well as industry aggregators and Fintechs to integrate and partner with Maadhyam. »