The ANEXT Programme for industry specialists is open to the participation of all ecommerce marketplaces, fintech companies and digital solutions providers who support SMEs’ cross-border operations through digital-based services or platforms. ANEXT Bank will collaborate with these industry specialists to expand the breadth of service offerings for SMEs on their platforms to include digital financial services offered by ANEXT Bank.
This will allow SMEs to have a one-stop access to a more comprehensive suite of services, and to gain a consolidated view on their business such as wallet balance, loan amount, and repayment status, etc.
Speaking of the initiative, the bank’s officials said that with their secure banking capabilities and first-hand knowledge on what it takes to do business digitally, ANEXT Bank is well positioned to help partners unlock more growth opportunities by enabling access to financing to SMEs on their platforms. At the same time, industry specialists are domain experts in their respective fields and they can provide deep insights on the challenges and needs of SMEs. Together, they can create unique use cases and solve financing pain points for SMEs at scale.
Fintech company IN Financial Technologies and business process management provider Bizmann System (‘Bizmann) are among the first to take part in the programme. The two partners combined are serving close to 15,000 SMEs.
As part of the ANEXT Programme for industry specialists launch, ANEXT Bank provided a preview of the ANEXT Business Loan to complement its existing ANEXT Business Account.
The ANEXT Business Loan is a fuss-free and flexible unsecured financing solution with two repayment options: ‘pay-per-use’ and ‘pay monthly’ – available at competitive rates. The minimum loan amount available starts at USD 3,554. SMEs keen to get a preview of the ANEXT Business Loan can register their interests on the bank’s website.
Adopting an open and collaborative approach, ANEXT Bank believes in joining hands with industry partners and public sector agencies to provide SMEs with financial services that are simpler, safer and more rewarding. In June this year, ANEXT Bank signed a 2-year MoU with Proxtera to transform and enable holistic cross-border trade among SMEs and businesses through making marketplaces efficient and discoverable globally, with embedded financing, fulfillment services, and SME empowerment.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now