Seattle Bank’s initial partnership serves a merchant in the home improvement sector. LoanStar’s technology connects lenders to borrowers through its merchant network, which spans several industries. Finastra’s FusionFabric.cloud open developer platform allows the Bank to seamlessly integrate with its FinTech partners, including LoanStar.
#Loanstar home lending logo software
This includes enabling real-time underwriting and loan fulfillment by integrating new functionality with Finastra, a global provider of financial software applications and marketplaces. The collaboration is made possible through Seattle Bank’s scalable, configurable, open-API technology stack. “In this instance, partnering with LoanStar allows its customers to accelerate the speed and convenience of point-of-sale financing while simultaneously allowing Seattle Bank to expand its reach to customers nationally. “At Seattle Bank, we evaluate every potential banking partnership by determining if the concept solves a problem for the customer, then aligning with a brand’s business imperatives,” said Josh Williams, EVP, Chief Banking Officer and Head of Partnerships at Seattle Bank. Consumers will now be able to access loans quickly and easily from Seattle Bank for high-value transactions, directly through the merchant. Seattle Bank, a digitally-driven local bank, has announced a new embedded banking partnership with LoanStar Technologies, a FinTech company that enables merchants and service providers to offer point-of-sale consumer loans. Seattle Bank and LoanStar launch new embedded banking partnership
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