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RootAnt Global: Adds lending capabilities to Banco transaction banking platform

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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.

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
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