--- title: Financial Intermediaries | Digital Banking Platform description: Boost your SME relationships with BankiFi's digital banking platform for Financial Intermediaries. Go beyond banking with our co-branded services. --- NEW White Paper | From bank to gateway: the future of small business banking [ Download your copy https://www.bankifi.com/white-paper-from-bank-to-gateway ](https://www.bankifi.com/white-paper-from-bank-to-gateway) # Further enhance your role as a trusted advisor Deepen SME relationships with BankiFi, from co-branded services dedicated to your customers to referring them for working capital finance. [ Book a demo ](https://www.bankifi.com/book-a-demo) ![Hero-image-financial](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/Hero-image-financial.jpg?width=840&height=525&name=Hero-image-financial.jpg) ## Going beyond banking Transforming relationships with small businesses is the answer to mutual growth and keeping you ahead in a competitive market. At BankiFi, we provide the core banking technology, data and services that drive customer-centricity and address the real needs of SMEs. ![Cash Forecasting](https://www.bankifi.com/hubfs/website%202024/images/Cash%20Forecasting.svg) Enhance your role as a trusted advisor ![phone-ico](https://www.bankifi.com/hubfs/website%202024/images/phone-ico.svg) Have a branded everyday touchpoint with your customers ![Bulb](https://www.bankifi.com/hubfs/website%202024/images/Bulb.svg) Generate revenue through your relationships ## OUR CUSTOMERS ![praetura](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/praetura.png?width=154&height=39&name=praetura.png) ![axiom-bank](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/axiom-bank.png?width=138&height=47&name=axiom-bank.png) ![Metro-logo](https://www.bankifi.com/hs-fs/hubfs/Metro-logo.png?width=145&height=145&name=Metro-logo.png) ![Coop bank logo](https://www.bankifi.com/hs-fs/hubfs/Coop%20bank%20logo.png?width=1280&height=145&name=Coop%20bank%20logo.png) ![TSB logo](https://www.bankifi.com/hs-fs/hubfs/TSB%20logo.png?width=1200&height=441&name=TSB%20logo.png) ![VISA](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/VISA.png?width=138&height=60&name=VISA.png) ![nationwide](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/nationwide.png?width=235&height=53&name=nationwide.png) ![praetura](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/praetura.png?width=154&height=39&name=praetura.png) ![axiom-bank](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/axiom-bank.png?width=138&height=47&name=axiom-bank.png) ![nationwide](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/nationwide.png?width=235&height=53&name=nationwide.png) ![Metro-logo](https://www.bankifi.com/hs-fs/hubfs/Metro-logo.png?width=145&height=145&name=Metro-logo.png) ![Coop bank logo](https://www.bankifi.com/hs-fs/hubfs/Coop%20bank%20logo.png?width=1280&height=145&name=Coop%20bank%20logo.png) ![TSB logo](https://www.bankifi.com/hs-fs/hubfs/TSB%20logo.png?width=1200&height=441&name=TSB%20logo.png) ![VISA](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/VISA.png?width=138&height=60&name=VISA.png) ### £22 billion That’s what The Bank of England estimates to be the small business funding gap in the UK. As trusted advisors to small businesses, you can help to bridge this gap by providing finance solutions that help your SME customers grow. **But how?** Partnering with BankiFi allows banks to offer SMEs services to pay, get paid, manage their cashflow and access lending in a cost-effective way that leads to profitable relationships. ![phones-1](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/phones-1.png?width=1504&height=1650&name=phones-1.png "phones-1") ### *“BankiFi has enabled us to deliver our shared vision of supporting micro businesses and SMBs”* *Darrell Evans, The Co-operative Bank PLC* ### Transforming The Co-operative Bank’s offering The Co-operative Bank chose us to gather engagement marketing data to inform their SME business banking strategy. How? We built a dedicated internet banking channel through their pay and get paid solution, driving new customer acquisition, adoption and repeat usage. [ Get the full picture ](https://www.bankifi.com/blog/case-study-the-co-operative-bank-x-bankifi) ## But how does it actually work? #### Small business customers struggle with late payments In the UK, collecting money takes an average of 71 days when invoicing terms are 30 days. That equates to 54.6 million hours per year of businesses chasing late payments. BankiFi enables banks to automate collections for your customers within your digital channel, reducing late payment days and hours spent on admin. Data from our solutions show small businesses are getting paid in just two days. #### Small business customers spend a lot of time on matching and reconciliation Automation is the answer, removing hours of admin time and the risk of human error. BankiFi links bank accounts and accounting packages to automate matching and reconciliation, saving your customers time and money. #### Small business customers struggle to forecast their cash position accurately It’s a common pain point for SMEs. Banks should be well placed to help, but don’t have the access to the technology or data to do so. BankiFi holds the keys. Using data from bank accounts and accounting packages, BankiFi builds a live profile of your customers’ cash positions, allowing greater visibility to make better business decisions. All the while, banks have access to invaluable data to shape future business decisions. #### Small business customers struggle to get working capital finance from their bank 54% of SME lending in the UK comes through brokers, and banks aren’t funding the £22 billion gap. With 71% of SMEs not meeting eligibility criteria and 56% deemed too risky, our lending-as-a-service solution removes that risk and enables quick and easy lending within a bank-branded channel. #### Small business customers need everything in one place Often, processes happen across multiple applications, which can be a headache. Instead, we make the workflow seamless. BankiFi enables the entire process from within a bank's digital channel, embedding you in their day-to-day activities. This includes things like bookkeeping, linking accounting packages or, if they don’t have one, using bank-branded native invoicing services within the solution. This creates relationship primacy between you and the SME and builds a customer profile that can support proactive lending and more. #### Small business customers want to do their banking from their channel of choice Customers are often forced to use channels that don’t fit their needs, with no consistent experience across those channels. We replace the siloed approach with an API-first solution. Our ‘gig to big’ model helps you to acquire customers at the earliest and cheapest point in their journey, so they never need to look elsewhere. ![image-side-1](https://www.bankifi.com/hubfs/website%202024/images/image-side-1.png "image-side-1") ## You’re one step away from boosting SME relationships Book your demo today to see first-hand how Bankifi can help diversify your offering and tap into new customers. Are you ready? See BankiFi’s tech in action. [ Let's go ](https://www.bankifi.com/book-a-demo) ![data-table-phone](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/data-table-phone.png?width=1780&height=1294&name=data-table-phone.png) ### The BankiFi blog ![From bank to gateway: The future of small business banking](https://www.bankifi.com/hs-fs/hubfs/pexels-mizunokozuki-13735970-.jpg?width=600&name=pexels-mizunokozuki-13735970-.jpg) #### From bank to gateway: The future of small business banking Small business banking is no longer defined by standalone products. Businesses are under growing pressure to manage cashflow, get paid... ![Lloyds and BankiFi partner to launch Making Tax Digital tool for small businesses](https://www.bankifi.com/hs-fs/hubfs/Taxes%20for%20business.jpeg?width=600&name=Taxes%20for%20business.jpeg) #### Lloyds and BankiFi partner to launch Making Tax Digital tool for small businesses We are delighted to announce our latest partnership with Lloyds, supporting the launch of a new free Making Tax Digital tool for UK small... ![White paper: Ready to discover what's next in business banking?](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/Rectangle%20316%20(3).png?width=600&name=Rectangle%20316%20(3).png) [Data](https://www.bankifi.com/blog/tag/data) #### White paper: Ready to discover what's next in business banking? Insights on the future of Financial Services - from digital challengers to mainstream banks The business banking landscape is no longer... [ See more ](https://www.bankifi.com/blog) ## Explore more ![column-image-1](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/column-image-1.png?width=1440&height=1050&name=column-image-1.png) ### Our solutions From the innovative core banking technology to the marketing and engagement services that bring it all together, we’ve got it covered. [ Explore it all ](https://www.bankifi.com/solutions) ![column-image-1](https://www.bankifi.com/hs-fs/hubfs/website%202024/images/column-image-1.png?width=1440&height=1050&name=column-image-1.png) ### Why BankiFi? We’re focused on helping banks transform their relationships with small businesses. Uncover what we mean by engagement banking as a service. [ The BankiFi story ](https://www.bankifi.com/about-old_) ###### SUBSCRIBE ## Financial insights that are worthy of a place in your inbox.