actyv.ai partners with Mswipe to digitise B2B ecosystem
By Leandra Monteiro
actyv.ai announced a strategic partnership with Mswipe, an omnichannel digital payments platform, providing a host of offline and online payment acceptance solutions to merchants across 800 cities and towns in India.
Through this alliance, Mswipe will leverage actyv.ai’s technology stack, enabling its B2B merchant community to digitisation of business processes and score for various business opportunities through the platform’s embedded offerings, which include B2B BNPL and insurance.
“At actyv.ai, it is our endeavour to aid large enterprises and their partners modernize their supply chain ecosystem and enable growth through our embedded offerings,” said Raghu Subramanian, Founder and Global CEO, actyv.ai. “Mswipe, being one of the largest payment solution providers in India has a vast network, both online and offline. We hope to augment our enterprise base and strengthen their small businesses with Mswipe’s payment solutions. Together, we hope to leverage each other’s expertise and unlock new potential,” he added.
As part of the platform, actyv.ai will offer Mcapital a multidimensional score that consists of both financial and non-financial data to enhance their credit underwriting.
Ketan Patel, CEO, Mswipe Technologies said, “We are delighted to partner with actyv.ai, category creators in the embedded offerings space. Merchants are the backbone of our business and by adopting actyv.ai’s platform, they can digitise business processes. Mswipe is happy to enable offerings like merchant BNPL and payment solutions to distributors, dealers and retailers on actyv.ai’s platform. We are confident that this partnership with actyv.ai will empower small businesses and further drive embedded financial offerings to the grassroots of the country.”
IBSi Daily News Analysis
February 26, 2024
UAE banking pulse: robust growth and profitability signal positive outlookRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage