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YES Bank launches Bizconnect for MSME associations

Platform application with sectoral inputs, knowledge sharing, e-marketplace for inter-MSME trade and seamlessly integrated banking.

ET Online|
Updated: Oct 13, 2019, 11.53 AM IST
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The app will also serve as a virtual knowledge platform with industry specific reports, articles and expert interviews curated basis interests of individual members.
MUMBAI: YES SCALE, YES Bank's innovation program has launched Bizconnect designed to digitize operations of MSME Associations through curated technology and banking solutions.

Bizconnect helps MSME associations to connect and manage their member base, share information and members to trade and transact among each other. The app joins all banking transactions of the association ranging from member fee collections to sponsorships, event and symposium bookings on the platform.

Bizconnect offers a plug & play platform solution which helps associations to enhance member connect, ease administrative hassles, share knowledge and acts as a marketplace for members for their businesses enables members to list their products and services with an option to buy, sell, order and inquiries.

Rajan Pental, Senior Group President and Head – Branch and Retail Banking, in a statement said, “Through Bizconnect and Business Solutions, Yes Bank now extends its ‘Knowledge Banking’ focus to help digitize operations for its MSME partners through curated banking and technology solutions.”
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