The London-based firm won the Best Fintech Partnership category for its Smart Onboarding Engine.
Banking software provider ezbob took top prize in The Banker’s Tech Projects Awards this year, for a quick sign-up service that speeds small business lending.
The London-based firm won the Best Fintech Partnership category for its Smart Onboarding Engine, which allows financial services firms to quickly sign up new customers and monitor the event in real-time to analyse if the process is as smooth as it should be. The award was announced in The Banker today.
Ezbob said the service covers lending, wealth and current accounts across consumer and small business customers.
The business picked up the award for its work on the Royal Bank of Scotland’s small business lending arm, Esme Loans, which began in April.
The Banker said ezbob's service provided an "open platform that enables Esme to build, launch and operate financial products for its customers, drawing on the data available in the UK's Open Banking environment". Ezbob chief executive Tomer Guriel added that small firms were able to get a lending decision in as little as seven minutes.
The fintech, founded in 2011, also counts American Express, NatWest and Yorkshire Bank among its clients.
Ezbob's Guriel said: “We are proud to power financial institutions with fully automated, consumer and small and medium-sized enterprises end-to-end lending solutions covering the entire lending journey, including all aspects of compliance, risk and decisioning.”