Hylobiz is a B2B fintech platform that aims to solve the pain points of SMEs with its cutting-edge technology solutions. Currently, we are operational in India, UAE, and Bahrain.
We help small and medium businesses in simplifying and digitizing their value chain. Our solutions help them faster collections, e-invoicing, inventory management, connected banking services, and much more.
Our connected banking services include ERP integration, digital payment collection, automatic reminders, and reconciliation. At our API marketplace, we enable bank/NBFC partners to offer their products and allow businesses to avail financial services at their fingertips.
To work on our vision, currently, we have partnered with Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and YES Bank.
We offer connected banking services in partnership with banks that helps SMEs in many ways like:
Connected ERP and connected banking
Link your existing ERP and bank accounts on our platform seamlessly.
Access to real-time transactions
Get real-time updates on your business and bank transactions.
Digital ledger
Get a digital ledger for all your transactions with auto reconciliation into your ERP.
Alternate lending
We offer SMEs various financial products such as business loans, bill discounting, SME credit cards with up to 48 days interest-free credit period.
Free subscription
We offer best-in-class connected banking services at zero subscription fees. We only charge a low transaction cost.
Expense management
Get 360-degree control of your business with our business insights which also improve your business decision making.
Integrated payment gateway
Hylobiz offers a plug-and-play solution, that comes with a pre-integrated payment gateway into it. It improves collection efficiency by providing its customer’s multiple modes to pay.
Create and share static payment links
Generate your invoices with attached payment links, also share them across your social media handles.
How Hylobiz’s offerings can help banks?
Reach to more customers
By partnering with us, banks can serve more small and medium businesses all over the country.
Savings in cost
Enjoy savings in your customer acquisition cost and administrative expenses.
Multiple revenue streams
Generate multiple revenue streams by offering your products on our platform.
Alternative financing
By partnering with us and the needs of businesses, develop more customized lending products.
Personalization
Based on customer transactions, offer them more personalized services.
Better customer experience
The efficacy of our connected banking services strengthens SMEs ‘ growth and builds a better customer experience.
Now, let us discuss our offerings with specific banks/lenders:
1. Business loans from Bajaj Finserv and Neogrowth credit private limited:
- Avail of easy and quick business loans from Bajaj Finserv and Neogrowth Credit Private Limited at lower rates.
- Get a collateral-free loan with minimal documentation and quick approval, also get the flexibility to repay.
2. Kotak Mahindra Bank and YESBank customers can link their existing bank accounts on our platform and enjoy hassle-free banking services. Also, enjoy automated collections, automatic reconciliation, and seamless integration, transfer, receive payments using the Hylobiz app.
3. SME credit card by HDFC Bank:
- Up to 50 days interest-free credit period
- Cashback on every business spends
Hylobiz has made the availability of business loans easier for small businesses. Improve your business efficiency, cash flows and get real-time visibility of your business with Hylobiz connected banking services.
Other top features of Hylobiz:
- Create customized invoices of your own choice
- Easy tracking of invoices
- Manage your inventory digitally
- Automated payouts
- Improved business relationship
- Complete control over your business finances
We are an ISO-certified organization. Your transactions with us are safe and secured with two-factor authentication.
We are looking for more banking partners to support SMEs in their growth journey. If interested, please click here: https://hylo.biz/offerings-banks/
Hylobiz can help you to grow your business efficiently. Sign up here: https://hylo.biz/neobank/Login
Read more: https://hylo.biz/the-new-year-2022-ushers-a-new-era-in-the-financial-sector-with-fintech/