Tagged: lendkey

October 21, 2021 @ 7:55 pm By Tony Zerucha  |  

As LendKey celebrates $500 million in funded loans, there are plenty of other reasons to celebrate too, co-founder and CEO Vince Passione said. Passione said as the country is coming off a pandemic year there are plenty of encouraging signs. Education loans are bouncing back,… Read More

September 12, 2019 @ 2:22 pm By Samantha Hurst  |  

LendKey, a lending-as-a-service solution for banks and credit unions, announced on Thursday it surpassed $3 billion in loan originations for its lending partners. The lender reported that nearly 300 lenders have utilized the company’s turnkey digital lending solution to expand product offerings across multiple asset classes… Read More

June 26, 2019 @ 4:18 pm By Samantha Hurst  |  

BankMobile, a no-fee, mobile, online and tablet bank, announced on Wednesday the launch of its new student loan refinancing platform, BankMobile Student Refi. BankMobile reported that it has partnered with LendKey Technologies, a lending-as-a-service platform for banks and credit unions, to offer a simple, secure… Read More

November 6, 2017 @ 2:05 pm By Samantha Hurst  |  

LendKey, a lending-as-a-service solution for banks and credit unions, announced on Monday it has formed a partnership with Allied Solutions to offer its digital lending solutions, including unique and innovative loan participation programs, to Allied’s more than 4,000 clients.   According to LendKey, Allied is… Read More

September 14, 2016 @ 7:00 am By Erin Hobey  |  

LendKey, a fintech company which provides institutional investors, banks, credit unions, affiliates, and borrowers with “access, efficiency, and speed” within the lending ecosystem, today released an inaugural industry-specific report entitled Positive Signal for Private Student Loans. In April the New York and Cincinnati based platform surpassed the billion-dollar mark in… Read More

May 28, 2015 @ 7:00 am By Erin Hobey  |  

LendKey Grand Slam: Hits 35,000 Customers, Expands Management Team, $8M venture debt line from Silicon Valley Bank and Raises Additional $125M Commitment From Network of Credit Unions LendKey, the Lending-as-a-Service platform that connects borrowers with credit unions and banks, today announced several key growth milestones. The… Read More

May 5, 2015 @ 3:44 pm By Samantha Hurst  |  

Western Independent Bankers (WIB), a trade association of more than 130 community banks, announced today that it endorsed LendKey, a Lending as a Service platform, as its exclusive auto-­lending partner. WIB will now endorse LendKey’s auto lending solution to community banks across the Western states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New… Read More

April 18, 2015 @ 12:08 pm By JD Alois  |  

Vince Passione, LendKey CEO, cemented a $1 billion deal to re-finance student loans as he positions his company to challenge marketplace lending platforms like SoFi and CommonBond. This may be the biggest funding deal to date and is just further evidence of the intense interest… Read More

April 16, 2015 @ 12:03 pm By Anthony Zeoli  |  

It is clear that peer-to-peer (P2P) lending is here to stay but long gone are the days of actual “peers” lending to “peers.” Today Wall Street firms, hedge funds and other “big money investors”, make up the overwhelming bulk of the funds being lent through… Read More

April 14, 2015 @ 12:01 pm By JD Alois  |  

LendKey, an online lending platform that connects local banks to borrowers, announced it has received a “conditional” commitment of up to $1 billion for student loan consolidation originated on the LendKey site.  The financing was from MidCap Financial, managed by a subsidiary of Apollo Global… Read More