Rob Macmillan, Director at Box Processing

Legacy systems and providers are not well suited for today’s lending needs and do not provide the flexible, simple and front-end agnostic API integration options that lenders require in the world of PSD2 and Open Banking. Keeping this problem in mind newly seed funded London based  fintech startup BoX processing has recently launched platform for credit processing. The start up is headed by Rob Macmillan and Vlad Yanpolsky, who a track record of delivering solutions for payment and banking companies.

Rob has previously been associated with Aconite Technology, during his time the software providing company had Fiserv, Nets and International Card Services under its clientele. Vlad has well over two decades of building and delivering banking and payments platforms. He has delivered processing capability and technology solutions for over 50 banks, retailers and credit organisations.

The BOX platform enables the delivery of versatile and agile lending products with a convention API integration. Some of its features include cloud computing and open architecture, hyper customisation and white labelling solutions are also available to the lender, the software even claims to reduce operational cost and Inefficiencies. BOX enables banks and other lenders to generate revenue streams from a wide range of credit solutions. The box platform allows lending to be personalised to individual borrower needs.

by Megha Bhattacharya
Market Analyst at IBS Intelligence