Together, the two companies will develop and demonstrate a commercially viable SME lending platform for the GCC (Gulf Cooperation Council) that offers an innovative approach to lending for SMEs, enabling optimum lending while minimizing risk.
"By partnering with Chi-X Digital Assets, we are bringing a new level of efficiency and security to the lending process for banks in the GCC and beyond. Our expertise in finance, technology, and profit engineering will provide industry-standard lending solutions that minimize risks while maximizing returns for banks," says Madou Sylla, CEO of Prime Dash.
With its Decision Maker tool, Prime Dash allows banks to better understand and interpret the financial data of their customers, making the lending process seamless and more profitable in the long run.
Lina Hediah, COO of CXDA, adds, “CXDA continues to augment its SME lending platform with state-of-the-art tools and solutions, enabling a win – win and seamless experience and outcome to the platform participants and community. Prime Dash partnership is an important milestone towards achieving this goal.”
CXDA, with offices in London and Dubai, offers an industry-standard lending platform for SMEs in the Middle East and Africa, aimed at bridging the gap between SMEs’ growth requirements and the challenges of accessing finance. Prime Dash, with its technology, allows financial institutions to address their clients’ need for working capital in a transparent, efficient, and expedited process.
This partnership is set to bring a new level of efficiency and security to the lending process for banks in the GCC and beyond, and provide SMEs with access to much-needed finance solutions.
Prime Dash is a fintech powerhouse that's shaking up the industry with its cutting-edge AI and ML technologies. This rapidly growing company is revolutionizing real-time financial decision making, providing financial institutions and their partners with hyper-personalized credit products that are contextual, connected, and continuous.
With Prime Dash, it's all about the symbiotic relationship between humans and machines - the company's technology allows for the establishment of this relationship to generate optimal results for any SME portfolio. Financial institutions using Prime Dash's solutions can now address their clients' need for working capital in a transparent, efficient, and expedited process.
The driving force behind Prime Dash is its senior executive team, comprising of former management consultants with decades of experience in finance and technology, and a robust expertise in profit engineering. These industry leaders have been helping businesses grow, earn the profits they expect, and reach new heights for years.