B2B E-Commerce

B2B E-commerces can embed financing solutions for their customers within their app itself. FinBox’s Embedded Finance Infrastructure is designed to perform all lending workflows - onboarding customers, the loan journey, partnering with lenders, integrating with third parties, performing risk assessment, and collecting repayments.

Offering credit enables B2B E-Commerce platforms to improve share of wallet. This enables alternate sources of revenue for B2B E-commerces and allows them to capture market share faster and average order value, CLTV will increase. This in turn increases the platform’s GMV, AOV, and logistics efficiency.

Why you need Embedded Finance#

  • In App Experience - These are embedded into the app itself so that users do not have to leave the platform at the time of payment.

  • Fully Managed - Fully managed credit line lifecycle embedded into your app. Including application, withdrawal, and repayment.

  • Tailored Credit Products - Customized credit products that suit the exact needs of the customer provided at the exact time of need work much better than one-size-fits-all products that digital lenders provide. Embedded Finance enables the provision of flexible, tailored, and in-context credit.

  • Increased approval rates by leveraging platform data - Embedded Finance combines lending expertise, alternative data underwriting, and data from the platform to credit score merchants and approve more customers. Credit Line is sanctioned immediately through a fully digital process. All withdrawals are also instant.

  • Offer a line up to ₹5 Lakhs - Users can borrow credit line up to Rs 5 Lakhs at lowest-in-market interest rates.

  • Flexible repayment options - Bullet repayment or monthly installment based repayment options with flexible tenure

  • Helpful for NTC customers - NTC(New to Credit) customers can also borrow loans. We use alternate data for underwriting NTC customers.

Credit products you can offer#

B2B E-Commerce businesses offer credit to their merchants at checkout. With FinBox, you can build Buy-Now Pay-Later programmes for your customers.

  • Buy Now, Pay Later - FinBox Buy-Now, Pay-Later stack enables you to offer BNPL at checkout inside your platform. It is a fully managed end-to-end lending journey. Through this offering, your customers can activate a credit line and start purchasing on credit instantly. It is powered by a credit line.

  • Buy Now, Pay Later Overdraft - FinBox Buy-Now, Pay-Later Overdraft enables your customers to activate an overdraft account and start purchasing on credit instantly. User can borrow a loan as long as he maintains the minimum balance in the overdraft account.

  • Term Loans - FinBox Term Loan enables flexible small ticket loans to fulfill their working capital needs. It is a fully managed end-to-end lending journey. Through this offering, your customers can avail credit instantly.

Impact#

  • Higher AOV - With embedded credit, customers are empowered to buy more, faster. This ultimately increases the platform’s gross merchandise value (GMV) and average order value (AOV).
  • Better CLTV - Embedded financial services can be tailored for individual merchants. This boosts the platform’s relationship with the merchant and increases customer retention.
  • Capture larger wallet share - Get a leg up against competition by offering seamless credit within the platform.

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