Launch of Made in India Middleware Platform “Maadhyam” Powered by Biz2X for Lenders, Aggregators and SMEs

Maadhyam is launched with the vision of digitizing processes for banks, NBFCs and helping SMEs across India to become “Aatmanirbhar” Noida, Uttar Pradesh, India (NewsView) In line with the government’s mission to make India “Aatmanirbhar”, Biz2X launched the first – its “Maadhyam” middleware platform. It is designed to develop an ecosystem of lenders, industrial aggregators and SMEs. With Maadhyam, all three stakeholders can be brought together in a single platform, which will narrow the credit gap and promote financial inclusion among SMEs across India. Maadhyam is the culmination of evolving technologies such as AI, ML and cloud. While the platform’s cognitive capabilities make it easy to build, integrate, and scale. On the other hand, the secure SaaS base contributes to its widespread availability in all the entities involved. Designed for all sizes of businesses, whether large, medium, or small, Maadhyam APIs give community admins complete control over the process with real-time marketing, analytics, and customizable dashboards. The robust security protecting the Maadhyam platform instills seamless trust between different entities and communities. Maadhyam provides an end-to-end solution to enhance the customizable lending experience for small and medium enterprises in India. It will bring automation and analytics to the lender-borrower equation to enable risk-free, sustainable growth between all partners. 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 will create an invaluable support system for its partners by offering them competitive credit rates with many options along with knowledge support to choose the best one. Last but not the least, Maadhyam benefits SMEs with faster loan disbursement by opening credit avenues to lead and grow their business. The main advantage of Maadhyam is that it will allow banks and aggregators to manage leads from whitelisted to approved ones and view detailed daily and weekly graphs of their credit performance and choose multiple anchors. With the help of Maadhyam, lenders will receive the data through APIs while enjoying reduced cost of finance loans for MSMEs. Maadhyam will focus on the 360 ​​degree view of businesses. SMEs can manage several types of loans, such as bill discounting, term loans, BNPL, through the lender portal with minimal documentation. Commenting on the launch of Maadhyam, Mr. Rohit Arora, CEO and Co-Founder of Biz2Credit and Biz2X said, “India has always been our core market. With the launch of Maadhyam, we aimed to script the next phase of the Fintech revolution in the country. Thus, we are aiming to invest $25 million over the next 3 years to develop Maadhyam. “Job opportunities for young graduates in India.” During the launch of Maadhyam, Mr. Vineet Tyagi, Global CTO, Biz2X said commented: “In the highly competitive banking industry, loans are one of the most critical products for banks. Lenders want to increase the pipeline of loan portfolios, but the processing time of your current loan pipeline prevents you from deliver innovative customer-centric products.With Maadhyam, we provide lenders with automated underwriting functionality that significantly reduces the credit execution time of their operational expenses.Through Maadhyam, we extend an open offer of collaboration to all banks – NBFC as well as industrial and Fintech aggregators to integrate and associate.” With Maadhyam, the goal is to facilitate the three parties pre nantes (SMEs, lenders and aggregators) with a fully functional solution that not only improves business processes, but also improves user experience and ultimately growth for everyone and at every level. About Biz2X Biz2X is the leading digital lending platform, enabling financial providers to drive growth through a modern omnichannel experience, best-in-class risk management tools, and a comprehensive yet flexible service engine. The company partners with financial institutions to support their digital transformation efforts with Biz2X’s digital lending platform. Biz2X solutions not only reduce operational expenses, but accelerate loan growth by dramatically improving the customer experience, reducing total turnaround time, and empowering relationship managers with powerful monitoring insights and alerts. For more information about Maadhyam, please visit www.maadhyam.ai. Image: Maadhyam PWR PWR

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