TransacXion Technologies careers

We are offering a financial toolset to enable bank to increase their lending, improve margins while reducing risks. We automated the issuance of credit insurance on a "pay-as-you-go" basis enabling bank to offer these new services at no cost to them.

Banks are able to offer to their clients the ability to extend payment terms up to 6 months while vendors receive payments in 3 days. Our system automates the insurance the underwriting, validation and disbursement of the funds in partnership with financial institutions.

Because of our unique insurance program, banking partners do not need cash reserves enabling higher return on capital and facilitating meetign regulator requirements.

it can be deploy with banks in less than few hours and is free to banks, buyers, sellers and insurance partners. We generate revenue by adding 50 basis point to the bank fees in addition to receiving 15% commission on all insurance policies written on the platform.