YES BANK announced the launch of SmartFin. This cutting-edge, end-to-end, Digital Supply Chain Finance (SCF) platform, powered by Veefin Solutions, the leader in SCF technology in India marks a significant leap in the landscape of digital finance in India. SmartFin facilitates digital SCF loans for dealers and suppliers of corporate clients, enabling them to achieve their strategic business objectives, that includes working capital efficiency, market expansion, sales acceleration, and strengthening supply chain partnership.

The platform's comprehensive capabilities in digital onboarding, credit underwriting, loan management and transaction processing redefine the accessibility of SCF products. What sets SmartFin apart is its robust integration with India's digital infrastructure, i.e., India Stack and other key third-party data sources, coupled with ERP integrations. This synergy enriches credit underwriting, making it more reliable and efficient.

The platform's sophisticated rule-based algorithms and omni-channel capabilities ensure that MSMEs can access credit effortlessly, demonstrating YES BANK's commitment to customer centricity.