![]() “We’re confident our strong relationships with contractors and merchants will help them find highly-efficient ways to reach customers wanting immediate financing options when making purchases.” “We saw a huge opportunity to team up with Seattle Bank to help expand its reach through point-of-sale finance,” added LoanStar chief executive officer Andrew Turner. “In this instance, partnering with LoanStar allows its customers to accelerate the speed and convenience of point-of-sale financing, while simultaneously allowing Seattle Bank to expand its reach to customers nationally.” “At Seattle Bank, we evaluate every potential banking partnership by determining if the concept solves a problem for the customer, then aligning with a brand’s business imperatives,” he said. Josh Williams, EVP, chief banking officer and head of partnerships at Seattle Bank, called the collaboration with LoanStar a “win-win”. LoanStar’s technology connects lenders to borrowers through its merchant network, which spans several industries, meaning that Seattle Bank’s initial partnership serves a merchant in the home improvement sector. ![]() Seattle Bank’s “scalable, configurable” open-API technology stack enables real-time underwriting and loan fulfillment by integrating new functionality with Finastra, which is a global provider of financial software applications and marketplaces.įinastra’s ‘FusionFabric.cloud’ open developer platform allows the bank to integrate with its fintech partners, including LoanStar. ![]() The new embedded consumer lending solution allows consumers to secure loans from Seattle Bank for high-value transactions, directly through the merchant. US-based Seattle Bank has formed an embedded banking partnership with fintech LoanStar Technologies to provide consumers with access to point-of-sale loans via retail merchants. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |