Business lending marketplace, Funding Options, has launched a new insights platform.
In Brief:
Funding Cloud: Insights provides real-time knowledge and intelligence to SME lenders.
It aims to offer lenders an intuitive platform with “a breadth of market insight capable of driving new product innovation”.
FC:Insights will give lenders visibility on how they are performing in the sector and how they can improve their offering.
What does this mean?
With Funding Cloud, lenders can use data analytics, open banking and APIs to offer fast loan approvals, and now they can see a wider view of the market and embed their financial solutions on the platform.
