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Revolutionising SME financing: How Banca AideXa uses AI and open banking to support SME growth

Banca AideXa’s Italian fintech revolutionizes online financing for small businesses using AI and open banking.

Facts

  • Banca AideXa employs AI and open banking to transform online financing and support small business growth.
  • Their technology provides a comprehensive view of an applicant’s creditworthiness by analyzing external data and generating automated assessment results.
  • Streamlined processes have boosted the automatic approval rate for loan applications by 10%, leading to quicker approval and disbursement for SMEs.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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