Biz2X Pioneers AI-Driven Lending Expansion in India
Biz2X, an Indian digital lending SaaS platform, plans to hire over 200 professionals for roles in AI and technology. With AI as a key driver, Biz2X aims to revolutionize digital lending by developing dynamic credit models that adapt to real-time business metrics, partnering with financial institutions, and engaging with regulators.
- Country:
- India
Digital lending SaaS platform Biz2X is set to significantly expand its workforce in India, announcing plans to hire over 200 professionals specializing in AI, data science, engineering, product management, and technology. This initiative aims to support its growing operations and tech-driven strategies.
Co-founder and CEO Rohit Arora emphasized that artificial intelligence is poised to reshape India's financial sector, particularly in the realms of risk assessment and credit decision-making. Biz2X is devoted to pioneering AI-led initiatives that include developing real-time credit models and forming partnerships with financial institutions.
In addition to its business growth, Arora stressed the importance of regulatory engagement to promote the standardization of AI-based risk models. He advocates for increased transparency in AI-driven lending through collaboration with fintechs and policymakers.
(With inputs from agencies.)
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