Bank CentrCredit and Documentolog Sign Memorandum of Cooperation in Open Banking

Bank CentrCredit and the IT company Documentolog have launched a pilot project for the API "Lending for Individual Entrepreneurs."

Now Documentolog clients (individual entrepreneurs) can apply for a loan from the bank on the Documentolog Market digital services platform. This solution is a significant step in simplifying and speeding up the lending processes in the B2B sector.

"Documentolog Market is the first marketplace for digital services. Our main mission is to make the working environment more efficient and convenient by simplifying the exchange of documents and services between companies. Documentolog Market is part of the Documentolog ecosystem, which today serves more than 100,000 companies and 120,000 individuals," said Amina Baikenova, head of Documentolog Market.

Thanks to the service implemented through the Open API of Bank CentrCredit, it is now possible to apply for a loan, receive a decision, and obtain financing from the bank immediately online.

"The bank is developing Open API technologies, understanding the importance of this direction for the entire financial sector of Kazakhstan. We strive to provide high-quality technological services for our partners, creating opportunities for the development of their businesses," noted Ruslan Vladimirov, President of Bank CentrCredit.

"Working with the API from Bank CentrCredit has been a positive experience for our company. This is just the beginning of our cooperation, and we see vast prospects for further development of the financial sector in the country," said Akliya Dzewulskaya, Managing Director of Project Management at Documentolog.

Today, any organization can apply for the digitalization of its service and transition its interactions with clients and partners to an online format on the Documentolog Market platform.