Introduction of serviceX

🚀 serviceX

Overview

ServiceX is an embedded finance platform that allows markets to easily integrate financial services into their applications. With serviceX, you can access a range of financial products, including loans, savings accounts, insurance, and more.

Benefits for Markets

• Enhance User Experience: By integrating serviceX into your market, you can offer your users a range of financial services without requiring them to leave your platform. This provides a more seamless and convenient user experience, which can increase user satisfaction and engagement.

• Additional Revenue Stream: By offering financial services through serviceX, you can generate additional revenue through referral fees, commissions, and other financial incentives.

• Improved Customer Retention: By providing a more comprehensive range of services to your users, you can improve customer retention and loyalty, reducing the risk of losing customers to competitors.

• Encrypted User Data: Users in your market will have their data encrypted and can only be shared with their consent. This ensures that their personal information is protected and helps to build trust between your market and your users.

• Reduce engineering effort: Reduce the cost and effort required to integrate new financial products in the future, as our platform provides a standardized API interface for all supported products.

Benefits for Financial Institutions

• Increased Reach & reduce cost: By partnering with serviceX, financial institutions can reach new customers with enriched data who are not credible in the traditional assessment. They can digitize their products and make them more scalable.

• Improved User Experience: By offering your services through serviceX, you can provide a more streamlined and user-friendly experience for your customers, making it easier for them to access and use your products.

• Faster Time to Market: serviceX provides a range of APIs and SDKs that make it easy to integrate your products into third-party applications. This can reduce the time and cost associated with developing and deploying new products.

Services on serviceX

1. BNPL Gateway

Our BNPL service allows markets to offer users the option to split their purchases into manageable, interest-free installments. Financial institutions can customize the terms of the installment plan based on user data, including the amount of the purchase, user creditworthiness, and other relevant factors.

2. Purchase Order Financing (POF)

Our serviceX also offers Purchase Order Financing (POF), which helps businesses fulfill their purchase orders by providing the necessary funding. This service is particularly useful for businesses that lack the necessary capital to fulfill large orders.

3. Cash loan

Our Cash Loan service enables markets to offer users access to short-term loans for unexpected expenses or emergencies. Financial institutions can customize the loan terms based on user data, including the loan amount, user creditworthiness, and other relevant factors.

4. Insurance

Our Insurance service provides markets with the ability to offer users a range of insurance products tailored to their individual needs. Financial institutions can customize the insurance options based on user data, including the user's risk profile, demographics, and other relevant factors.