Brankas & Boost Capital launch Loanlink, a chat-based lending solution in SEA

By Gloria Mathias

Brankas and Boost Capital have launched LoanLink, a chat-based lending solution in Southeast Asia. LoanLink provides a user-friendly chat interface that facilitates seamless integration and instant loan applications.

This digital-first approach enhances efficiency and reduces operational expenses by eliminating manual processes, complex integrations, and incomplete applications.

LoanLink offers a fully digital loan application channel to traditional companies, banks, FinTechs, and financial institutions. By utilizing chat-based interactions, organizations can provide a loan process that is both accessible and seamless. This enables customers to access loans from any location and at any time. Providing a convenient and efficient method of loan application guarantees a broader market reach beyond physical branches.

“We are excited to launch LoanLink, a solution that sets a new standard for digital lending,” stated Todd Schweitzer, CEO of Brankas. “FinTechs and businesses that want to enter the lending space can now easily do so by leveraging this out-of-the-box platform. This helps to level the playing field, giving borrowers the power to pick the lender with the best UX and rates.”

Applicants start by applying via chat, completing eKYC, uploading necessary documents, and linking their accounts. Within minutes, they receive approval and can manage repayments through the same chat interface. This streamlined process improves borrower satisfaction and boosts operational efficiency, making LoanLink a game-changer in the lending industry.

LoanLink leverages the combined expertise of Brankas and Boost Capital. Brankas provides advanced open banking APIs that ensure secure and compliant integrations with financial institutions. At the same time, Boost Capital offers a white-labelled tech platform that enables banks to onboard customers through popular chat platforms such as Facebook Messenger, Telegram, and WhatsApp. Together, they deliver a comprehensive solution that enhances the borrower’s experience and operational agility.

Gordon Peters, CEO of Boost Capital, shared, “This partnership is pivotal to advancing digital lending solutions in today’s market. Brankas, with its advanced open banking technology and deep understanding of API ecosystems, is the ideal partner as we strive to equip banks, financial institutions, fintechs, and other organizations with the tools they need to succeed in a rapidly evolving market.”