News

Intellias Announces Collaboration with Israeli FinTech Startup Bizi

Cooperation between the two companies is primed to bring transformative innovation, continued growth, and added value to the credit line market

Tel Aviv, Israel and London, UK — June 21, 2023 – Intellias, a global technology enabler for top-tier organizations and Fortune 500 companies, and Bizi, an innovative Israel-based financial solutions firm, have revealed their strategic collaboration. The companies have joined hands to strengthen Bizi’s engineering capabilities in building an all-digital platform empowering small and medium-sized enterprises (SMEs) to instantly access customized credit lines.

Bizi revolutionizes the way SMEs manage their cashflows and grow in the fast-paced market by offering seamless, instant, and cost-free credit options. Backed by advanced technology, Bizi’s innovative credit risk underwriting model enables fast and efficient credit decision-making and a flexible repayment scheme.

As a trusted technology partner, Intellias is contributing engineering expertise in developing the core functionality of Bizi’s credit platform and validating its quality with auto tests. The Intellias engineering team is working on:

  • bank account statement analysis
  • risk model automation
  • open API integrations
  • financial regulation monitoring
  • data scraping for external data analysis

The Intellias team has played a crucial role in automating and enhancing the process of data collection and analysis, leading to a significant reduction in decision-making time from several days to a few minutes. By leveraging strong automation capabilities and seamless integrations, Intellias engineers have made significant contributions to the creation of a user-friendly, highly stable, and secure product.

Amir Sturm, CTO at Bizi

We’re excited to have joined Bizi’s mission of opening new doors of opportunity for small-to-midsize businesses by providing our technology expertise and engineering talent. As Bizi is a trailblazer in the Israeli financial services market with their cutting-edge credit solution, Intellias will keep working hand in hand with our client to scale their product and provide SMEs with the financial flexibility and freedom they deserve.

Pavlo Khropatyy, VP of Delivery, Head of Financial Services & Insurance at Intellias
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