Biz2Credit to hire 200 people for its Digital Lending SaaS platform, Biz2X in India

New Delhi, 22nd May 2023: In a bid to expand its footprint in the Indian market, Biz2Credit has announced plans to ramp up its workforce by hiring 200 people for its Digital Lending SaaS platform, Biz2X in the next few months of 2023. The subsidiary of Biz2Credit, which enables financial institutions to provide a customized online lending experience for their small and midsize business customers, will focus its recruitment drive on middle management positions, including those requiring expertise in domains such as data science, product development, and management, as well as front-end and back-end operations.

This move by Biz2Credit comes as part of the company’s broader strategy to strengthen its operations in key business hubs by tapping into the local talent pool. The company’s growth trajectory demonstrates its success, as it experienced a 44% growth in 2022 compared to the previous year. This year they are projecting a growth rate of over 70%. With a current employee strength of over 300 in India, the company also plans to expand Biz2X’s footprint in Pune, Noida, and the Gulf Cooperation Council (GCC) regions.

Vijay Kumar Jamwal, HR Head of Biz2X, emphasized the company’s commitment to attracting and retaining top talent, stating, “We’re committed to delivering cutting-edge solutions and creating an enabling environment for our employees, thereby setting a benchmark for excellence in the digital lending space. Being an employee-centric organisation, we offer a wide range of HR initiatives designed to create a positive and enriching work environment for our employees.”

The company’s recruitment efforts will target fresh talent from top-tier academic institutions across the country, as well as seasoned professionals. Biz2X has already established relationships with several renowned academic institutions, including IIT Roorkee, IIIT Sonepat, IIIT Delhi, BITS Pilani, NIT Delhi and Kurukshetra, Jaypee Institute of Technology, Maharaja Agrasen College, NSUT, Hansraj, Indraprastha University, and Jamia Milia Islamia.

The company has consistently hired students from these institutions over the past few years.

With a comprehensive yet flexible servicing engine, best-in-class risk management tools, and a modern omnichannel experience, Biz2X partners with financial institutions to support their

digital transformation efforts. The company’s digital lending platform not only reduces operational expense but also accelerates lending growth by significantly improving the client experience, reducing total turnaround time, and equipping relationship managers with powerful monitoring insights and alerts.