Banxware
Banxware is a fintech company that provides embedded lending solutions, enabling platforms to offer digital business loans and merchant cash advances to their sellers with a fully digital, rapid approval process.
Services
Banxware provides embedded lending fintech solutions for various platforms, enabling them to offer fully digital business loans to their sellers. The company specializes in seamless integration via an integrated API, allowing platforms to add financial services easily. Banxware ensures that all regulatory requirements, including KYC (Know Your Customer) and AML (Anti-Money Laundering), are met. Additionally, the company offers a white-label service, permitting platforms to deliver liquidity as a fully branded feature. Merchant cash advances, which are revenue-based loans dependent on business performance, are another core service offered by Banxware.
Products
Banxware's primary products include fully digital business loans and merchant cash advances. The digital loan product features a streamlined approval process, with decisions made within 15 minutes and instant payouts. This rapid and fully digital approval process sets Banxware apart in the fintech space. Merchant cash advances are offered as revenue-based loans, providing flexibility based on the business performance of the merchants. These products aim to provide quick access to liquidity for small and medium-sized enterprises (SMEs) through their platform partners.
Integration Solutions
Banxware supports its platform partners with two main integration solutions. The first is a fully embedded white-label option, which allows platforms to integrate Banxware’s financial services seamlessly into their own offerings, presenting it as a fully branded feature. The second option is a lighter integration that operates through a referral-based partnership, providing platforms with more flexibility while still offering their sellers access to Banxware’s lending solutions. These integration models ensure that platforms of different sizes and needs can deploy financial services effectively.
Regulatory Compliance
Banxware ensures full compliance with regulatory requirements, including Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. This commitment to regulatory compliance allows their platform partners to offer financial services with confidence, knowing that all legal prerequisites are met. By covering these regulatory aspects, Banxware mitigates risks for its partners and ensures a secure and legal framework for providing loans. This regulatory coverage is a key component of Banxware’s risk-free solution, as it brings the funds and bears all financial risks.