HES Fintech, a leading provider of intelligent lending platforms has today announced a partnership with Acquired.com, a UK payments specialist and payment initiation service provider, through which lenders using HES’ technology will be able to leverage a sophisticated payment solution designed to enable the rapid disbursement of loans and seamless borrower-centric collection methods.
“Acquired.com’s solution is best-in-class when it comes to payment processing “ said Ivan Kovalenko, CEO at HES Fintech “they have proved they can operate in a truly consultative manner by building a deep understanding of our clients needs and what we want to achieve as we launch in the UK. As we bring our out-of-the-box solution HES LoanBox to the market we are excited to work with a payments partner which we can put our trust in to help realise our goals.”
As HES embarks on expanding their market share in the UK, their partnership with Acquired.com promises to accelerate the delivery of market-leading solutions for B2B and B2C lending across several key verticals.
When looking for a payments provider to help deliver on this ambitious goal, it was important to HES that they find a partner who could cater for the varying needs of their diverse client portfolio. Established in 2015, FCA-regulated Acquired.com is an agile payment specialist, offering tailored, custom-built payment processing solutions. They are extremely well-positioned to benefit lenders using HES LoanBox by enhancing the end-to-end lending process with their custom-built solutions, from seamless loan disbursement processes to optimised continuous and one-off collections.
As they looked to build long-term relationships with the UK lenders, HES required a partner with significant experience in the lending space and one that could offer a variety of payment methods for borrowers including Apple Pay, Google Pay and Open Banking.
Additionally, Acquired.com’s Account Updater tool will enable HES’ lenders to avoid needing to contact borrowers whose card details have expired, been lost or stolen. Allowing recurring payments to be taken seamlessly by updating customer payment details automatically without impacting on service, benefitting both the lender and borrower.
Jack Mangnall, Senior Partner Manager at Acquired.com commented “Our partnership with HES Fintech establishes Acquired.com as the payments and banking solution of choice for UK Loan Management Software providers. It’s been a pleasure working with HES Fintech and their clients, tailoring our solution to meet specific needs and overcoming challenges faced. We are also delighted to see our proprietary Pay By Bank solution being put to good use in the lending sector.”