sean killingsworth loanstar home lending

Seattle Bank is a locally owned, digitally driven financial institution that provides personal, business and partner banking services and CD Valet. The technology-driven platform enables LoanStar to originate loans quickly and easily. LoanStar has developed a consumer-friendly alternative to high-interest, white-label credit cards using their proprietary platform, MerchantLinQ.

LoanStar Technologies is a Philadelphia-based FinTech company that enables banks, credit unions, and other lenders to create point-of-sale consumer loans. Whether offering a borrowing solution into a retail brand’s digital channel or providing banking-as-a-service to a fintech, Seattle Bank orchestrates the strategic blend of business, technology, and compliance, creating successful and sustainable banking partnerships.įor more information on Seattle Bank and its partner banking solutions, visit About LoanStar Technologies Partnering with LoanStar illustrates Seattle Bank’s partner banking capabilities which enable fintechs, marketplaces and brands to provide financial solutions within their brand experience, bringing banking directly to customers through seamless, integrated transactions. “We’re thrilled that Seattle Bank has chosen Finastra and our partners at LoanStar to facilitate embedded consumer lending at the point of sale – with the first live transactions already successfully processed.” “Finastra is proud to be an orchestrator of embedded finance, providing the tools needed to help banks meet customers on their journey at the right time,” said Radha Suvarna, Chief Product Officer and Head of Embedded Finance at Finastra. “We’re confident our strong relationships with contractors and merchants will help them find highly efficient ways to reach customers wanting immediate financing options when making purchases.” “We saw a huge opportunity to team up with Seattle Bank to help expand its reach through point-of-sale finance,” said Andrew Turner, CEO of LoanStar. Seattle Bank’s initial partnership serves a merchant in the home improvement sector. LoanStar’s state-of-the-art technology connects lenders to borrowers through their merchant network, which spans several industries. Finastra’s FusionFabric.cloud open developer platform allows Seattle Bank to seamlessly integrate with its fintech partners, including LoanStar. 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 quickly and easily access loans from Seattle Bank for high-value transactions, directly through the merchant.

SEATTLE, Ma(GLOBE NEWSWIRE) - Seattle Bank, a digitally-driven local bank, has announced a new embedded banking partnership with LoanStar Technologies (LoanStar), a fintech company that enables merchants and service providers to offer point-of-sale consumer loans.

Sean killingsworth loanstar home lending