DigitalLEND enables banks and alternative lenders to move online quickly and to see their loan processes accelerate growing their portfolio and revenue opportunities.Learn More
Akouba Credit, FinMkt and eOriginal have formed a strategic partnership to create a solution that solves common barriers for banks and alternative lenders looking to accelerate their online loan programs or for those who are new to direct to consumer lending. These lenders face challenges such as updating or replacing existing systems, cost of acquisition of new customers and the establishment of deal flow. DigitalLEND enables banks and alternative lenders to move online quickly and to see their loan processes accelerate, growing their portfolio and revenue opportunities.
From digital origination to connecting with banks and referral partners to eVaulting and transferring financial assets, this highly customizable solution allows lenders to smoothly increase online presence and capture market share and new customers while ensuring confidence in a fully digital lending environment.
Reduce the cost of borrower acquisition and provides borrower deal flow.
Reduce the cost and time to deployment of technology with turn-key SaaS solution.
Reduce the risk of borrower "stacking".
Reduce the risk of regulatory compliance issues.
Provides loan level data to investors for asset pools.
As online lending continues its unprecedented growth, lenders that have traditionally worked in the paper-based world are feeling the pressure to move their practices online.
Michael Rose Chairman and CEO Metropolitan Capital Bank and Trust
Online lending is only going to continue to grow and integrated solutions like DigitalLEND will not only help traditional banks to make the shift online, but will also provide an integrated, trusted platform that will benefit the entire online lending community as a whole.
Jon Barlow Founder and Former CEO Eaglewood Capital Management