RootAnt Global: Adds lending capabilities to Banco transaction banking platform
- RootAnt Global, announced the introduction of its central lending platform, BANCR into the existing BANCO platform
- In alignment with BANCO by Global’s strategy to connect enterprises of all sizes, stakeholders
- BANCR aims to provide a digital and open banking platform for SMEs to gain easier access to finance
- BANCO currently offers a deep-tier financing solution to allow enterprises in the entire value chain to optimise cash flow
- With the introduction of BANCR, SMEs can register their financing requirements and submit loan applications
- According to the SMEs in a new decade, new economy – Feb 2020 Report jointly released by GrabFinance and Bloomberg Media