Financial services software provider Misys launched a crowdlending module easier this week at the Connect Forum in Paris.
Misys president explains his company’s value proposition.
“Alternative finance has made its mark,” Simon Paris said. “Overall loan volumes are on the up, but a growing and increasingly relevant slice of the market is now being processed by independent P2P providers.
“Banks risk missing out. Crowdlending with Misys is a digital leap that banks can make now and it is a leap that could see them play a significant role in boosting SME funding – an area that has been undeserved to date.”
FusionBanking CrowdLending offers a fully-integrated white label platform which embeds crowdlending in the overall credit cycle.