Lending platform Biz2X crosses Rs 9,000 cr mark in loan disbursements

Biz2X, a digital lending SaaS platform and subsidiary of Biz2Credit, on Tuesday said it has surpassed Rs 9,000 crore mark in loan disbursements.One of the company's key growth drivers is its AI-integrated digital lending platform, DigiKred, which plays a pivotal role in optimizing lending functions for Indian lenders.The platform is expected to facilitate an additional Rs 5,000 crore in loan disbursements by the end of FY2025, further scaling the platform's reach and impact across the financial ecosystem, the company said in a release.Th company has seen a consistent year-over-year growth rate of nearly 30 per cent.In addition to its technology, Biz2X's growth is powered by strategic collaboration with some of the most prominent financial institutions in India."Financial institutions, in turn, benefit from the platform's advanced technological infrastructure including some ground-breaking AI innovations, which help them offer faster, more reliable lending solutions to their