23 March 2017
Visit EBAday.com

Fynanz rebrands as LendKey; moves beyond student lending

01 February 2013  |  1839 views  |  0 Source: Fynanz

Fynanz, the private student lending solutions provider that has enabled over 230 credit unions to enter the private student loan and private student loan consolidation markets, is rebranding to LendKey; a cloud-based lending platform that offers the essential infrastructure for lending organizations to quickly, securely, efficiently, and profitably lend to anyone.

According to LendKey CEO and Founder Vince Passione, LendKey's innovative and flexible cloud based technology solutions empower lenders to safely and quickly access lending markets for multiple asset classes. The rebranding will transition the company from its original identity as Fynanz, a student loan technology provider, to LendKey, an industry leader in cloud based lending technology.

LendKey's cloud-based lending technology platform empowers any lender to offer high quality, secure, responsible loans. It allows anyone to set up a full-scale, fully compliant lending operation within weeks, as well as tap into a community of like-minded lenders. Its range of products enables every component of a loan, which includes:
• Credit Decisioning (determining whether someone is a good risk)
• Origination (gathering key borrower information)
• Participation (sharing and trading loans to spread risk)
• Servicing (collecting payments)
• Demand Generation (marketing and portfolio growth)

"A cloud-based lending platform like LendKey can enable lenders to reduce their capital and operational expenditures as they continue to lend and expand into other lending products," says Passione. 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit abe-eba.euParticipate in the surveyVisit capgemini.com

Who is commenting?

Top topics

Most viewed Most shared
Bank of England sets up fintech Community; runs blockchain and AI trialsBank of England sets up fintech Community;...
16485 views comments | 33 tweets | 26 linkedin
hands typing furiouslyMachine Learning: Lessons for Banks From S...
10191 views 0 | 12 tweets | 9 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
7725 views comments | 23 tweets | 36 linkedin
satellite26 Japanese banks register for Exchange-ru...
7534 views comments | 2 tweets | 1 linkedin
SecureKey taps IBM to put identity on the blockchainSecureKey taps IBM to put identity on the...
6301 views comments | 22 tweets | 15 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job