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Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans

Business

Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans
Business

Business

Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans

2024-08-06 09:30 Last Updated At:09:55

MANILA, Philippines, Aug. 6, 2024 /PRNewswire/ -- Brankas and Boost Capital have launched LoanLink, the first chat-based lending solution of its kind in Southeast Asia. LoanLink provides a user-friendly chat interface that facilitates seamless integration and instant loan applications. By eliminating manual processes, complex integrations, and incomplete applications, this digital-first approach enhances efficiency and reduces operational expenses.

LoanLink offers a fully-digital loan application channel to traditional companies, banks, fintechs, and financial institutions. Organizations can now provide a loan process that is both accessible and seamless by utilizing chat-based interactions. This enables customers to access loans from any location and at any time. By providing a convenient and efficient method of loan application, this guarantees a broader market reach beyond physical branches

"We are excited to launch LoanLink, a solution that sets a new standard for digital lending," stated Todd Schweitzer, CEO of Brankas. "Fintechs and businesses that want to enter the lending space can now easily do so by leveraging this out-of-the-box platform. This helps to level the playing field, giving borrowers the power to pick the lender with the best UX and rates."

Here's how it works: applicants start by applying via chat, complete eKYC, upload necessary documents, and link their accounts. Within minutes, they receive approval and can manage repayments through the same chat interface. This streamlined process not only improves borrower satisfaction but also boosts operational efficiency, making LoanLink a game-changer in the lending industry.

LoanLink leverages the combined expertise of Brankas and Boost Capital. Brankas provides advanced open banking APIs that ensure secure and compliant integrations with financial institutions, while Boost Capital offers a white-labeled tech platform that enables banks to onboard customers through popular chat platforms such as Facebook Messenger, Telegram, and WhatsApp. Together, they deliver a comprehensive solution that enhances the borrower experience and operational agility.

Gordon Peters, CEO of Boost Capital, commented, "This partnership is pivotal to advancing digital lending solutions in today's market. Brankas, with its advanced open banking technology and deep understanding of API ecosystems, is the ideal partner as we strive to equip banks, financial institutions, fintechs, and other organizations with the tools they need to succeed in a rapidly evolving market."

This joint solution was first announced at the Open Finance Revolution 2024. Contact us today by visiting https://www.brankas.com/contact-us or emailing marketing@brankas.com to learn more about how LoanLink can transform your lending operations.

About Brankas

Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas' secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users.

About Boost Capital

Boost Capital is a global Fintech company which provides a white-labeled tech platform that allows Banks to onboard customers via popular chat platforms such as Facebook Messenger, Telegram, & Whatsapp.

Contact: Yiyang Teo, yiyang.teo@brank.as 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans

Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans

Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans

Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans

KOTA KINABALU, Malaysia, Sept. 21, 2024 /PRNewswire/ -- European Wellness, a global leader in regenerative medicine and integrated healthcare, has inaugurated its latest and most advanced facility, the European Wellness New Premier Center, in Kota Kinabalu, Sabah. This landmark 60,000 square-foot center represents a significant leap forward for healthcare in Sabah and is set to play a crucial role in the global medical wellness tourism sector.

The grand opening ceremony was a notable event, attracting international attention and high-profile attendees. Sabah's Chief Minister YAB Datuk Seri Panglima Haji Hajiji Bin Haji Noor, Sabah State Minister of Finance, YB Datuk Seri Panglima Haji Masidi Manjun, Advisor to the President of the UAE, H.E. Dr. Khalid Abdulla Mubarak Albuainain Almazrouie, and other dignitaries were present to witness the unveiling of this cutting-edge facility. The center, a major investment by EW's founders, Prof. Dato' Sri Dr. Mike Chan and Prof. Dato' Sri Dr. Michelle Wong, is designed to integrate advanced medical science with the healing power of Sabah's natural environment, setting a new benchmark in global healthcare.

Chief Minister Hajiji praised the vision and commitment of the founders, emphasizing how the center will enhance Sabah's healthcare capabilities and position the region as a prominent destination for medical wellness tourism. "This facility is a game-changer for Sabah, combining state-of-the-art medical science with our unique natural environment," said Hajiji. "It not only strengthens our local healthcare sector but also boosts Sabah's standing on the global medical tourism map."

The center's opening is a strategic move that aligns with Sabah's broader goals of becoming a leading hub for advanced healthcare and medical wellness tourism. Sabah's strategic location in Southeast Asia, as part of the BIMP-EAGA and ASEAN regions, provides a significant advantage in attracting international investment and talent. "We are positioning Sabah at the forefront of the global health and wellness revolution," Hajiji added. "This investment reflects our commitment to enhancing life quality and fostering international collaboration in medical innovation."

Dr. Khalid Abdulla Mubarak highlighted the international significance of the European Wellness New Premier Center. "The advancements showcased here are truly groundbreaking," Dr. Khalid remarked. "Prof. Chan's work in targeted organ-specific stem cell therapy represents the future of healthcare set to revolutionize regenerative medicine and significantly improve healthcare outcomes globally."

Dr. Khalid emphasized the importance of making such advanced treatments more accessible. "Currently, stem cell therapy is costly and limited in availability. Expanding access and reducing costs are crucial steps in making these life-changing treatments available to a broader population," he noted. He also recognized Sabah's potential as a global medical wellness tourism destination, praising the combination of high-quality medical facilities and the region's natural beauty.

The center will offer an extensive range of services, including over 60 advanced regenerative medicine and holistic wellness therapies. It features cutting-edge technology and a team of over 300 professionals dedicated to delivering personalized healthcare solutions. This new facility is part of a larger expansion plan that includes the establishment of a biopharmaceutical manufacturing facility in Kota Kinabalu Industrial Park, with an investment of USD 80 million, doubling the workforce and further enhancing Sabah's status in the global healthcare landscape.

The European Wellness New Premier Center stands as a testament to international collaboration and innovation in healthcare. It not only aims to transform healthcare in Sabah but also to set new standards for medical wellness worldwide. EW's dedication to healthcare advancements positions it to transform global medical wellness tourism, ushering in a new health era for Sabah and beyond.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare

European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare

European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare

European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare

European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare

European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare

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