Ezbob, is an UK based software provider for banks and other financial institutions. The company's leading product is an digital end to end business loan platform. The company was founded in 2011 and for 6 years lent to UK SMEs from its own balance sheet.The company's development center is located in Herzliya Pituah.
Additional investors include Oak Tree Capital from the US and the British Business Bank's Angel Co-Fund. Partners include Alibaba and RBS.
The automated online platform analyzes the applicant's personal and business information, including links to business bank accounts, online marketplaces, online accounting providers, payment service providers, and e-commerce platforms with which Ezbob is integrated. Ezbob compiles this data into a workable client profile in an instant so that its risk engines can make a qualified decision, allowing the approved applicant immediate funding.
In February 2017 RBS launched ezbob's white labeled platform to start lending to their UK SMEs.
ezbob's platform is customized for RBS risk requirements. To date, ezbob's lending experience includes having processed over 60,000 SME loans and has completed 10,000 full loan cycles. ezbob is looking to offer its technology to banks worldwide.