BizLend decides to use PISP and AISP from Fizen

We are excited to announce a strategic partnership between Fizen, a leader in open banking solutions, and BizLend, a Polish fintech company specializing in online business financing. This collaboration aims to enhance BizLend's lending platform by integrating both Account Information Service (AIS) and Payment Initiation Service (PIS) capabilities, streamlining the loan application and repayment processes for entrepreneurs.

About BizLend

BizLend offers a fully online lending platform designed to provide quick and secure financing solutions for businesses. By leveraging advanced technology, BizLend simplifies the loan process, enabling entrepreneurs to access funds efficiently and manage repayments seamlessly.

Benefits of the Partnership

Integrating Fizen's AIS and PIS services into BizLend's platform will provide businesses with:

  • Streamlined Loan Applications: Real-time access to banking data allows for automatic verification of financial information, expediting the loan approval process.
  • Automated Repayment Processes: PIS enables secure and efficient initiation of loan repayments directly from borrowers' bank accounts, reducing manual intervention and potential errors.
  • Enhanced Financial Analysis: Comprehensive bank account information facilitates more accurate assessment of borrowers' financial health, aiding in risk evaluation and decision-making.

For more information about the services offered through this collaboration, please visit the official websites of Fizen and BizLend.