Credibly Launches Dynamic Offers to Boost ISO Flexibility, Deals

Credibly, the leading GenAI-powered lending platform for SMBs, announced today the launch of Dynamic Offers, a powerful new feature within its redesigned Offer Calculator. This enhancement empowers Independent Sales Organizations (ISOs) to customize stipulations on deals, taking control of what documentation to provide based on the amount selected. ISOs can then send deals directly to Online Checkout, offering a new level of speed and convenience to their merchants in the funding process. As part of...

Algebrik AI & Carleton Unite to Elevate Lending Accuracy and Compliance

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world’s 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced a strategic partnership with Carleton, Inc., a leader in financial calculation and compliance solutions. This collaboration integrates Carleton’s robust payment calculation APIs into Algebrik’s cutting edge LOS platform, setting a new standard for accuracy, compliance, and operational efficiency in consumer lending. Empowering Fluid Lending Experience Through this partnership, Algebrik AI will leverage...

Vergent LMS Unveils EMPOWER Program for Community Banks, CU’s

Vergent LMS, a leading provider of comprehensive loan management solutions, proudly announces the launch of the Vergent EMPOWER Program (Empowering Lenders with Advanced Loan Management Solutions), a cutting-edge End-to-End Lending Platform tailored for community banks and credit unions. This innovative program supports these financial institutions in their mission to better serve their communities, with a particular focus on the critical role of personal loans. Community banks and credit unions are at the heart of local...

Prosper wins Fintech Breakthrough Award, 2024 Best P2P Lending Platform

Prosper Marketplace, the first peer-to-peer lending platform in the United States, announced today that it has been honored with the prestigious Fintech Breakthrough Award for Best Peer-to-Peer Lending Platform in the Consumer Lending category. The award recognizes Prosper’s outstanding contribution to revolutionizing the lending industry through its innovative peer-to-peer lending model which has helped over 1.7 million consumers advance their financial well-being with more than $27 billion in loans. The Fintech Breakthrough Awards program recognizes the top companies,...

GoLogiq to acquire all of Fram Venture 7 AB

GoLogiq, Inc, a U.S.-based global provider of fintech and consumer data analytics, has signed a non-binding letter of intent to acquire all of Fram Venture 7 AB, a Swedish fintech corporation, for US$6 million in an all-stock transaction. Total consideration could increase to US$20 million depending upon the achievement of certain earn-out targets. The acquisition includes all of Fram Venture 7’s equity interest in its wholly-owned subsidiary, DragonLend, a lending platform for profitable small and medium-sized...

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