MUFG Bank Launches 'BizSaaFin Early Payment' – Embedded Finance Service for SMEs via SaaS Integration

MUFG Bank, Ltd. (hereinafter, 'the Bank') announces the launch of 'BizSaaFin Early Payment,' an invoice discounting service for small and medium-sized enterprises (SMEs), as part of its embedded finance (Embedded Finance) initiative that integrates cloud-based business systems (SaaS) with financial services. As the first phase of this initiative, the Bank has partnered with Eniwan Co., Ltd. and Daitect Co., Ltd., providers of SaaS platforms for the construction industry, to enable users to access the invoice discounting service directly within their existing business systems. This service originated from 'Spark X,' MUFG Group’s internal corporate venture creation program. 1. Background of Service Launch In business-to-business transactions, it is common practice to have a deferred payment system, where payment follows invoicing after a certain period. In the construction industry, in particular, expenses such as material and labor costs often arise before payment is received, making cash flow management a significant challenge. Amid ongoing labor shortages and rising material costs, there is growing demand for fast, low-burden financing solutions to ensure stable on-site operations and business continuity. 'BizSaaFin Early Payment' is designed to address these challenges. The project was awarded both the Special Prize and Audience Prize in MUFG Group’s 'Spark X' internal innovation program. Following further development and feasibility assessments, it is now being launched as the Bank’s first digital service offering for corporate clients. 2. Overview of 'BizSaaFin Early Payment' 'BizSaaFin Early Payment' is an online, end-to-end invoice discounting service for SMEs. By integrating with cloud-based business systems (SaaS), companies can access the service seamlessly through their familiar operational interfaces. The Bank purchases the company’s accounts receivable via the business system, enabling rapid access to working capital. For more details: https://saafin.bk.mufg.jp (1) Reduced administrative burden through system integration The entire process—from application and contract execution to funding—is completed online. Invoice data is automatically synchronized from the business system, enabling smooth and efficient applications. Single sign-on (SSO) is supported with certain integrated platforms. (2) Fast funding using invoices Companies can raise funds using outstanding invoices. Credit assessment is completed in as little as one business day, and funds can be disbursed on the same day following approval. Users can pre-register an account and apply for financing at any time as needed. (3) No financial statements required – assessment based on transaction data Submission of financial statements is not required. With the user’s consent, the Bank leverages transaction data (e.g., purchase and sales orders) stored in the business system, as well as account linkage data from the financial data platform 'Moneytree LINK,' to conduct credit assessments. This enables fast, data-driven evaluations based on real-time business activity. 3. Future Outlook Following the initial launch with construction industry management systems, the Bank plans to expand partnerships and integrate with platforms across other industries. Going forward, under its purpose of 'Being a Force for Positive Change,' the Bank will continue to support SME growth and digital transformation (DX) through the expansion of BizSaaFin. It will also leverage digital technologies to solve challenges faced by corporate clients.