The founders of BOX, Rob Macmillan and Vlad Yanpolsky, are industry veterans with a track record of delivering solutions for leading payment and banking companies. Rob grew the Aconite Technology software business to become a global provider to tier one enterprise customers including Fiserv, Nets and International Card Services. Vlad has well over two decades of building and delivering banking and payments platforms. He has delivered processing capability and technology solutions for over 50 banks, retailers and credit organisations.

This experienced means they have harvested the best features in the market and ‘BOXed’ them into one solution, putting lenders back in control.

Credit remains the most profitable product line in financial services, but the proposition needs to meet constantly evolving market needs. Legacy systems and providers are not well suited for today’s lending needs and do not provide the flexible, simple and front-end agnostic API integration options that lenders require in the world of PSD2 and Open Banking.

The BOX platform enables the delivery of versatile and agile lending products with the shortest speed to market, based on these operating principles:

1. Faster time to market than traditional providers based on cloud computing and an open API architecture
2. Greater flexibility in creating and managing lending products to meet the needs of a rapidly evolving product set
3. Ability to personalise products to individual customer needs (hyper customisation)
4. Reduced cost of trialling and evolving lending products as no legacy processes and a low-cost base
5. Integrates with any existing partner or provider, lowering barriers to change