Ally Lending - FinTecBuzz

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Lending Arm Ally Expands Financing Into Retail

Lending Arm Ally Expands Financing Into Retail

August 25, 20205 min

Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), today announced its partnership with Vyze, Mastercard’s leading alternative financing platform for retailers. Ally’s entrance into point-of-sale retail financing builds on its deep experience and rapidly growing footprint in healthcare and home improvement lending. Ally Lending will serve as the first installment loan lender on the Vyze platform, giving thousands of retail merchants access to a financially stable lender for higher-ticket...

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