Webinar: Revolutionising SME financing – how Banca AideXa uses AI decisioning platform & open banking
Date: Thursday, September 28, 2023
Time: 4:00 PM Central European Summer Time
Join us for an insightful webinar on Banca AideXa, the Italian fintech bank founded in 2020.
Banca AideXa is the first Italian fintech dedicated exclusively to small and medium-sized enterprises (SME), founded with the aim of simplifying Italian entrepreneurs’ experience with accessing credit thanks to a 100% digital approach.
Taking advantage of the opportunities of open banking, Banca AideXa makes it possible for businesses to receive a loan proposal in just a few minutes and to have the amount credited to their bank account within 48 hours, without the need to sign or upload any paper documents.
The bank’s success is attributed to three pillars: the ability to retrieve and use a large amount of data, powerful machine learning algorithms, and a reliable and flexible credit decision platform. The webinar will delve into each pillar, explaining how they contribute to the bank’s loan approval process.
During the webinar, we will explore how Banca AideXa uses artificial intelligence (AI) and Open Banking to revolutionise online financing and support the growth of small businesses. We will discuss how Banca AideXa’s credit team now has access to a complete summary picture of an applicant’s creditworthiness from external data to automated assessment results.
The streamlined processes are expected to increase the automatic approval rate of loan applications by 10%, resulting in faster loan application approval and disbursement times for SMEs.
Join us to gain a comprehensive understanding of Banca AideXa’s innovative approach to financing and how they are using technology and data to revolutionise online financing and support the growth of small businesses. Don’t miss the opportunity to learn from industry experts and discover how your business can benefit from Banca AideXa’s banking experience.