Digital bank for new age SMEs
Provide all the banking and business tools that a small business needs to start, grow and scale their business, with XFIN's SME Digital Banking as a Service.
Highlights
100% Digital
Zero paperwork, no human intervention. Self serve KYC for instant account opening.
Modern UI/UX
Minimalistic user interface with all the modern features and an ultra simple user experience.
Mobile & Web
Available on iOS and Android platforms and on web with a responsive interface.
Security
2-factor authentication, role based access control and end-to-end data security.
Team Banking
Multiple role types to allow admins give specific privileges to other users for specific roles.
Integrations
Pre-integrated with other capplications for user customer engagement, support, credit, etc
Instant Accounts
Digital Account Opening
One time 100% digital document uploading to reduce the time it takes to verify and activate business accounts.
Business Verification
Integration with government business registries for instant authenticity checks. (Available in limited countries.)
Simple Onboarding
A guided user experience for quick and self serve onboarding and introduction to features.
Account Types
Offer different types of accounts with different feature availibility and subscription fees.
Corporate Cards
Physical & Virtual Cards
Users can create unlimited virtual debit cards and order personalised physical debit and prepaid corporate cards. (Mastercard/Visa)
Card Controls
Each card comes with multiple card controls like spending limits, freeze and lock, withdrawal limits, top-up and digital pin setting.
Micro Loans
3-Step Loan Disbursal
User chooses a loan amount, selects a tenure (with associated interest rate). Loan is auto underwritten and disbursed.
Simple Integration with LMS
Connect your bank's loan management system, define rules in our system and enable instant micro loans.
Automate Interest Collection
User can choose daily or monthly interest payment cycles which are auto debited from main or sub-accounts.
Pockets
Sub-Accounts
Let users create activity specific sub-accounts (linked to their main account) for shopping, savings, payments, education, loan repayment etc.
Independant Operation
Each pocket (sub-account) operates as an independant account with its own rules, virtual card, transaction summary and debit/credit.
Payroll
Employee Data
Users can create unlimited employees, have active/ inactive lists and view the payroll history of each employee.
Calculate Payroll
Our system auto generates salary breakup for a financial year and also generates monthly net payable amounts.
1-Click Salary Payment
Salary can be paid individually or in bulk with a single click or scheduled, with salary slips generated for each employee.
Invoice
2-Min Invoices
Users can choose from invoice templates, add customer, fill items, generate an invoice, preview and send - all in under 2 minutes.
Collection and Reconciliation
All invoices are sent with embedded payment links and come with payment reminders. Payments made against invoices are auto reconciled.
Money Movement
Payee Management
Users can create same bank, different bank, wallet and international payees. They are organised for easy access.
Money Transfers
Users can send money to any payee from main account or any of the sub accounts, with PIN or OTP authentication.
Statements and Analytics
Every credit and debit is recorded and presented to users in simple statements and rich visual dashboards.
Business Bill Pay
Utility Bills
Add recurring utility payments like electricity, water, internet and mobile. Auto fetch due amounts and allow 1-click bill payments with ease.
Business Fees
Enable auto debit or 1-click payment for various types of government mandated business fees like license renewal, digital signature, etc.
Customer Support
Support Automation
Automate in-app support with AI chatbots, smart faqs, video tutorials and instruction sheets that help users self serve.
Live Human Support
We provide integration with the best live chat tools to enable you to provide live human chat support for more complex issue resolutions.
Business partner. To bold founders.
SMEs are the backbone of most economies. And today run by ambitious new age founders. Back them with their modern digital banking needs.
