Mumbai, Maharashtra, Bengaluru, Karnataka, India – Business Wire India
actyv.ai, a Singapore-headquartered, category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, today announced its partnership with IIFL Finance (IIFL), one of the leading players in the financial services space in the country. This association will enable IIFL to provide bite-sized credit to power the ‘Buy Now, Pay Later’ embedded offering on the actyv.ai platform.
Arihant Jain, Head of Digital Products and Data Science, IIFL Finance said, “The SMB ecosystem is a major contributor of growth in the Indian economy. Business volatility necessitates SMBs to raise capital instantly. IIFL is committed to deliver structured credit products, backed by innovative technology to this category. actyv.ai, offering effective and relevant technology interventions for the enterprise and its partner ecosystem on a single platform is an ideal choice for collaboration. With our shared goals, this partnership with actyv.ai is a natural fit.”
Raghunath Subramanian, Founder and Global CEO, actyv.ai said, “actyv.ai will enable IIFL’s commitment to provide sustainable and responsible credit to SMBs across the country. We are certain that our AI-powered SaaS platform, with its embedded offerings, will help drive growth and deliver significant value to enterprises and their entire supply chain ecosystem. We are proud to partner with IIFL.”
About IIFL Finance
IIFL Finance Limited is a Systemically Important Non-Deposit accepting Non-Banking Financial Company registered with Reserve Bank of India, catering to the credit needs of diverse customer base with plethora of products. IIFL Finance’s offerings include home loans, gold loans, business loans including loans against property and medium and small enterprise financing, microfinance, construction and real estate finance and capital market finance; catering to both retail and corporate clients. Subsidiaries of the company are IIFL Home Finance Limited, IIFL Samasta Finance Limited (Formerly known as Samasta Microfinance Limited), IIHFL Sales Limited and IIFL Open Fintech Private Limited.
actyv.ai is an AI-powered enterprise SaaS platform with embedded B2B Buy Now Pay Later (BNPL) and insurance, transforming the global B2B supply chain by making business transactions faster and easier. Through its partnerships with financial institutions, actyv.ai enables enterprises, suppliers, distributors and retailers to grow. actyv Go, actyv Score, actyv PayLater, actyv Insure and actyv Invest are the various product categories on the platform. For more information, please visit: https://www.actyv.ai/
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actyv.ai partners with IIFL Finance
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