Fintech News

LemonadeLXP Experiences Growth in First Half of 2020, Increases Client Roster

LemonadeLXP Experiences Growth in First Half of 2020, Increases Client Roster

LemonadeLXP, the all-in-one learning experience platform for financial institutions (FIs), reports growth in its client base by 81 percent during the first half of 2020. The company also expanded its partnerships and experienced an increase in overall client engagement.

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During the first half of 2020, @LemonadeLXP grew its client base by 81% and experienced an increase in overall FI engagement.

Earlier this year, LemonadeLXP offered a free three-month trial of Digital Academy, its customer support and digital adoption platform that allows FIs to quickly author an online hub for customers featuring technology walkthroughs. This supported FIs during the beginning of the Covid-19 pandemic as they helped transition employees and customers to digital channels.

“While the pandemic made for a tricky first half of the year, launching the Digital Academy premium feature in January turned out to be a timely decision,” said John Findlay, CEO, LemonadeLXP. “As FIs reduce branch services, they need ways to support frontline staff and customers as they migrate to digital channels. During the second half of the year we’ll be ready to provide FIs with continued nimble digital adoption tools and effective distance learning solutions.”

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During Q1 and Q2, LemonadeLXP was selected by:

  • BECU; a $24.8 billion credit union in Tukwila, Wash.
  • Rockland Trust; a $11.6 billion bank in Rockland, Mass.
  • Bank of Africa; a $8.9 billion bank in Bamako, Mali
  • Isbank; a $444.3 million bank in Istanbul, Turkey
  • Rock Valley Credit Union; a $124.73 million credit union in Loves Park, Ill.
  • Fiduciary Trust Company International; a wealth management firm in New York City

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