HSBC Hong Kong, a global leader in banking and financial services, recognized the need to enhance its digital presence and streamline processes, particularly in offering loans to Amazon merchants. Traditionally, the bank's loan application process was lengthy and not conducive to the fast-paced digital environment required by Amazon sellers.

Appnovation collaborated closely with HSBC Hong Kong stakeholders to navigate local regulations and prioritize key objectives. We focused on transforming the loan application process into a digital-friendly format, leveraging Amazon Seller Data (such as IRR, cash flows, transaction rates) to streamline credit assessment and approval. Our approach aimed to integrate seamlessly with Amazon merchant account profiles, significantly expediting the loan review process compared to traditional methods.

The partnership led to the development of a loan product designed to offer Amazon sellers a seamless application experience by integrating their accounts. This approach was structured to reduce the length of the application questionnaire by 77% and streamline the loan approval timeline from 5 days to just 3 days. By leveraging Amazon Seller Data, the solution aimed to enhance efficiency and improve the overall customer experience for HSBC Hong Kong’s Amazon merchant clients.

At Appnovation, our experts excel in developing digital solutions that streamline processes for the financial industry. By leveraging cutting-edge technologies, we transformed HSBC Hong Kong’s loan application process, integrating Amazon Seller Data to enhance efficiency and improve the user experience. Discover how our expertise in digital transformation can help your organization drive innovation and create lasting value.