Lendio is pleased to announce FIS® (NYSE: FIS), a global leader in financial technology, is leveraging Lendio's technology with the launch of its new SMB Digital Lending solution.
FIS SMB Digital Lending aims to reduce barriers to financing for small and medium-sized businesses (SMBs) by streamlining and improving lending processes at financial institutions. The solution is the first of FIS's portfolio of digital banking solutions to focus exclusively on SMB loans and complement FIS's existing services covering consumer lending and corporate capital.
“We are thrilled to partner with FIS, a global leader in financial technology, to help bring this SMB lending platform to banks across the country,” said Brock Blake, CEO and founder of Lendio. “Our aim at Lendio is to grow the dreams of small entrepreneurs by making it easier to lend to small entrepreneurs. FIS SMB Digital Lending fits that mission perfectly, as it enables banks to offer a fast, simple, and transparent loan process to their small business customers. By partnering with FIS, we are creating a successful environment for banks and small businesses, and we look forward to expanding our reach and impact through this partnership.”
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