The average loan amount taken by GXS FlexiLoan customers has also grown, increasing by 30% over the past six months.
Customers of GXS Bank’s GXS FlexiLoan have cumulatively saved $4 million in interest over the past year.
In a release, the bank says it has disbursed more than 100,000 loans since the launch of GXS FlexiLoan in April 2023. GXS expects to double this in the “coming months”.
