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17/10/2019 11:10am

Yes Scale, an innovative initiative of Yes Bank, launched to digitize MSME Associations

image Yes Scale, an innovative initiative of Yes Bank, launched to digitize MSME Associations

New Delhi, Oct 16 (KNN) Yes Scale, YES Bank's innovation program has launched Bizconnect  with a vision to digitize operations of MSME Associations through curated technology and banking solutions.

Bizconnect will help MSME associations to connect and manage their member base, share information and members to trade and transact among each other. 

The app joins all banking transactions of the association ranging from member fee collections to sponsorships, event and symposium bookings on the platform.

Bizconnect offers a plug & play platform solution which helps associations to enhance member connect, ease administrative hassles, share knowledge and acts as a marketplace for members for their businesses enables members to list their products and services with an option to buy, sell, order and inquiries.

Rajan Pental, Senior Group President and Head – Branch and Retail Banking, in a statement said, “Through Bizconnect and Business Solutions, Yes Bank now extends its ‘Knowledge Banking’ focus to help digitize operations for its MSME partners through curated banking and technology solutions.”

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