• 2011 November 01

Company Description

Ezbob’s smart lending platform provides a fast, flexible and convenient source of credit to entrepreneurs looking to expand their business.

ezbob, is an UK based software provider for banks and other financial institutions. The company's leading product is an digital end to end SME loan platform which provides Straight Through Processing for its banking customers. The white labeled solution allows banks to offer their business and retail customers state-of-the-art digital lending capabilities. Bank customers can now enjoy an agile, digital, fintech lending process white labeld as their bank's offering. The company was founded in 2011 and over the course of 5 years provided approx 10,000 loans from its own balance sheet to UK SMEs. The company's development center is located in Herzliya Pituach, Israel Additional investors include Oak Tree Capital from the US and the British Business Bank's Angel Co-Fund. Partners include Alibaba. The automated online platform analyzes the applicant's personal and business information, including links to business bank accounts, online marketplaces, online accounting providers, payment service providers, and e-commerce platforms with which Ezbob is integrated. Ezbob compiles this data into a workable client profile in an instant so that its risk engines can make a qualified decision, allowing the approved applicant immediate funding. In February 2017 RBS launched ezbob's white labeled platform to start lending to their UK SMEs. ezbob's platform is customized for RBS risk requirements. To date, ezbob's lending experience includes having processed over 60,000 SME loans and has completed circa 10,000 full loan cycles. . Ezbob was appointed as the first e-lender in the EU to become a FU Financial Intererediary. ezbob was granted approx £50M in loan guarantee facilities by the EU. ezbob is white labeling its platform to banks worldwide.