The Networked Finance business enables the large bank to grow its customer base and banking revenues as well as RONE by financing orders of merchants on marketplaces.
Together with one of the largest european bank, we finance orders of merchants
GI invented, designed and built a new Networked Finance Business between banks and marketplaces.
In Europe, GI partners with one of the largest bank.
We use data from marketplaces, merchants and data from the Web to extract single purchase orders and score in real time marketplaces, merchants, products, categories, and orders.
We integrate with the IT system of the large bank to finance orders of merchants on marketplaces.
Depending on the eCommerce data, GI scores and financial data, orders are financed or not, with different commission and service fees.
- The marketplaces and merchants grow the GMV
- The final customers get better prices as the merchants can get better discounts on volumes and payments from suppliers and manufacturers
- The bank can grow its revenues
- GI get revenues & redistributes