ezbob and 10x Banking partner to help banks launch SME lending in weeks, not months

Key Takeaways 

• ezbob’s lending orchestration platform now connects with 10x Banking’s modular core and ledger, giving banks a complete route to launch SME lending products.
• Products built on ezbob have gone live in as little as six weeks, with 90%+ of applicants completing an application in under five minutes and 94% of decisions automated.

ezbob has today announced a partnership with 10x Banking, the 4th-generation core banking platform behind institutions including Westpac and Chase UK. Together, the two platforms give banks a faster, lower-risk way to launch SME lending products, measured in weeks rather than months.

The gap that SME lending never closed

SMEs make up 99.9% of private businesses in the UK. Yet applying for a business loan is still one of the least digital experiences in UK banking. Banks have automated current account opening and smaller personal loans, but SME lending is more complex, and the gap between this and retail products is still substantial.

One pattern we see again and again: banks introduce new apps and modern frontends, but loan applications are still processed through internal legacy systems not designed for end-to-end digital lending. The result is slow for the business owner and expensive for the bank to run.

How the partnership works

ezbob runs the lending journey end-to-end: onboarding, the application, credit decisioning and the AI agents that support and optimise the underwriter’s manual tasks. 10x provides the modular core and ledger that define and operate the lending product and keep an accurate system of record.

ezbob’s modular architecture allows banks to deploy the components they need without being locked into a single closed suite. Components built once can be reused for future products, instead of creating a new silo each time.

What lenders can expect

Lending products built on ezbob have gone live in as little as six weeks. More than 90% of applicants complete their application in under five minutes, and 94% of decisions are fully automated. Our AI-first deployment approach, combined with reusable components, means time-to-market becomes faster and faster for subsequent products.

Starting with UK SME lending

The partnership starts in the UK, with SME lending, where the gap between what business customers expect and what they get is wider. Both companies see it as the first step in a global partnership, extending to further markets and lending products over time.

Yaron Shoshani, Chief Technology Officer at ezbob, said: “We built ezbob to digitise the lending journey itself, rather than automate an internal process on top of systems that were never designed for it. Pairing that with a tier-one bank-grade core means a lender can launch a complete SME product, automate decisions where policy allows, and reuse the same components to add further lending products instead of building a new silo each time.”

Okan Ozaltin, Chief Product & Technology Officer at 10x Banking, said: “Banks are too often asked to choose between a broad suite that is difficult to adapt and a collection of point solutions that never quite connect. Neither gets a lender to market quickly. Bringing our core and ledger together with a specialist origination platform gives them a faster, lower-risk route to market, and the flexibility to keep evolving it afterwards. SME lending is where customers can get the most value, which is why we are starting there.”

To see how ezbob and 10x can help you launch SME lending, let’s connect.