Tag : loan origination

All-in-One Digital Lending Platform Presta Raises $3.3 Million in Oversubscribed Pre-Seed Funding Round Led by Distributed Ventures
Lending News

All-in-One Digital Lending Platform Presta Raises $3.3 Million in Oversubscribed Pre-Seed Funding Round Led by Distributed Ventures

Business Wire
by Business Wire0
Funding will support platform roll out to accelerate the loan origination process for lenders and borrowers Presta, an end-to-end digital lending platform that modernizes and accelerates the loan origination process, announced its launch after raising $3.3 million in oversubscribed pre-seed fundraise. Led by Distributed Ventures with additional investment from Zeal......
What Fintech is Doing to Transform Financial Services
Finance Fintech Guest Posts

What Fintech is Doing to Transform Financial Services

Harpreet Singh
by Harpreet Singh0
Fintech is having a major impact on the financial services industry, transforming the way consumers access financial products and services. It is doing this through improved customer experiences, streamlined processes, and increased access to financing opportunities. Application of fin-tech in financial services domain is to remove traditional and legacy systems and......
Bank of Abyssinia Selects Newgen for Delivering Superior Customer Experience
Banking Finance News

Bank of Abyssinia Selects Newgen for Delivering Superior Customer Experience

Fintech News Desk
by Fintech News Desk0
The Ethiopia-based bank aims to transform its retail and SME loan processes Newgen Software, a global provider of low code-based digital transformation platform, NewgenONE, announced that Bank of Abyssinia, one of the fastest growing banks in Ethiopia has onboarded Newgen for end-to-end automation of retail and small and micro enterprise (SME) loan types.......
CFM and NXTsoft Announce Strategic Combination
Banking News

CFM and NXTsoft Announce Strategic Combination

Fintech News Desk
by Fintech News Desk0
Transaction unites two leading software companies driving digital transformation in banking via API connectivity solutions OceanSound Partners, a growth-oriented private equity firm, announced that its portfolio company, CFM, has merged with NXTsoft. The combination creates the leading provider of API connectivity, workflow automation, and data analytics software for financial institutions.......
Industry Leader Black Knight to Help Fuel loanDepot's Next Generation of Lending Services
Lending News

Industry Leader Black Knight to Help Fuel loanDepot’s Next Generation of Lending Services

Fintech News Desk
by Fintech News Desk0
loanDepot will begin migration to Black Knight’s cloud-based version of the Empower loan origination system (LOS) in mid-2023, with conversion expected to be complete in 2024 Black Knight, Inc. announced it will be integrated with loanDepot’s next generation of lending services as the company migrates some of its backend operations to......
Baker Hill Partners with FlashSpread, a BeSmartee Company, to Automate the Tax Return Spreading Process
Fintech News

Baker Hill Partners with FlashSpread, a BeSmartee Company, to Automate the Tax Return Spreading Process

Fintech News Desk
by Fintech News Desk0
Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management and analytics, has partnered with FlashSpread, a BeSmartee company that provides cloud-based software solutions to automate the spreading process for tax returns. Through the partnership, financial institutions using Baker Hill NextGen® can leverage FlashSpread’s auto-spreading technology......
Day Air Credit Union Launches Sync1 Systems LOS With Great Success
Lending News

Day Air Credit Union Launches Sync1 Systems LOS With Great Success

Fintech News Desk
by Fintech News Desk0
Day Air Credit Union recently went live with Sync1 Systems LOS solution to enhance its indirect lending workflow and automation. “The implementation and conversion experience was handled with expert care and could not have been more seamless,” expresses John Theobald, Day Air Credit Union’s CLO. Since the conversion, Day Air’s indirect auto volume......
Origence and Eltropy Partner to Deliver Streamlined Loan Origination Experience
Lending News

Origence and Eltropy Partner to Deliver Streamlined Loan Origination Experience

Fintech News Desk
by Fintech News Desk0
Credit Union lenders can now use Eltropy within Origence arc OS to achieve higher closing rates Origence, the leading lending technology solutions provider for credit unions, announced a partnership with Eltropy, the leading digital communications platform for community financial institutions (CFIs). With the partnership, Eltropy will integrate its lending communication capabilities......
Hamburg Commercial Bank Goes Live on nCino
Banking News

Hamburg Commercial Bank Goes Live on nCino

Fintech News Desk
by Fintech News Desk0
Germany’s “Best Performing Bank” completes successful implementation of the nCino platform to drive further efficiency nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced that Hamburg Commercial Bank (HCOB) is now live on the nCino Bank Operating System. nCino is supporting......
Corporate Lending App, Veriloan, Now Available on Finastra’s Fusionfabric.cloud
Lending News Technology

Veriloan Now Available on Finastra’s Fusionfabric.cloud

Fintech News Desk
by Fintech News Desk0
Supports digitization of front-end functions, crucial for banks looking to transform and build a customer-first approach to corporate lending Finastra announced the availability of VeriPark’s VeriLoan cloud-based solution on its FusionFabric.cloud open development platform. Pre-integration with Finastra’s Fusion Loan IQ lending software provides out–of–the-box integration between loan origination and servicing functions......
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