Uplinq, the leading global credit assessment platform for small and medium sized business (SMB) lenders, strengthens its global reach with Ranqx, a digital SMB loan origination, decisioning and monitoring platform for lenders and banks.
With the help of Uplinq’s unique and advanced technology, New Zealand based Ranqx will be able to further accelerate lending to SMBs with increased speed and reliability, helping to boost revenue growth and access new opportunities.
Uplinq’s forward-thinking technology has already served as a foundation for over $1.4 Trillion in underwritten loans globally, and it will now be used to further bolster Ranqx’s commitment to easing the friction and inefficiencies in SMB lending with the most accurate real-time data. Ranqx and Uplinq share a common goal, which is to provide SMBs with access to fair lending capital in a seamless and efficient way through lenders who align with this vision.
Dave Lewis, CEO of Ranqx, said: “We are really excited to have partnered with Uplinq. With their innovative technology, Ranqx will be able to make more accurate decisions for lenders whilst incorporating so much more detail into the credit assessment provided.
“It’s a difficult environment for SMBs, especially when it comes to lending and Ranqx, like Uplinq, is committed to helping underserved, unbanked, minority and immigrant SMB owners, by allowing access to funding to help grow their businesses. Our new partnership will help the growth of SMBs across the globe.”
Ron Benegbi, Founder and CEO of Uplinq added: “Uplinq’s partnership with Ranqx confirms our common focus, and principles, in helping to open up access to funding for SMBs by ensuring lenders have the most accurate and up to date data available to them to help with decision making. We are really proud of our partnership with Ranqx and we look forward to working together to further the lending opportunities for SMBs internationally.”