Hylobiz is a connected banking platform for the SMEs, where they can automate their collections, reminders and reconciliation with any of their existing processes and ERPs. Hylobiz also enables easier access to loans, invoice discounting, bill payments and insurance products for the SMEs. Yes Bank Ltd, a fast-growing new age customer-centric and service driven private sector bank has partnered with Hylobiz, a business-centric SME value chain digitization Fintech.
The Open banking, fintech APIs, UPI, APIs Hub, Receivables / Payables, Cashflow based lending, invoice discounting, and other banking and financial services are the key areas that will empower the B2B value chain. The SME business owners out of this partnership will see new opportunities in this.