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Loans Canada and Even Financial Announce Strategic Partnership to Help Canadian Borrowers | News

Loans Canada and Even Financial Announce Strategic Partnership to Help Canadian Borrowers | News
Written by Publishing Team

New YorkAnd January 20 2022 /PRNewswire/ – Even Financial (“Even”), the leading in-class embedded finance marketplace, and LoansCanada.ca (“Loans Canada”), the leading loan comparison site in Canada, about a strategic partnership to help Canadian borrowers find optimal credit and loan solutions.

“As the online financial services ecosystem continues to grow rapidly in both the United States and CanadaHowever, the infrastructure for financial service providers to digitally distribute their products remains fractured and constitutes a bottleneck to growth.” Phil Rosen, founder and CEO of Even Financial. “With this in mind, we are pleased to partner with Loans Canada, which plays an important role in connecting Canadian consumers with the financial products they need.”

Founded in 2014, it even digitally connects and matches consumers with real-time personalized financial product recommendations from banks, insurance companies and fintech companies, on mobile apps, websites and other digital touch points through its proprietary market technology. The infrastructure even leverages machine learning and advanced data science to solve a major pain point in financial services customer acquisition, seamlessly connecting financial service providers (such as SoFi) and channel partners (such as TransUnion) via industry-leading APIs and finance markets. compact. It even enables any company to add financial products to their business, with full compliance and security at scale.

as Canada Loans Canada, a leading loan comparison platform, connects Canadian consumers, regardless of their financial or credit history, with a lender or service provider that meets their needs. loans Canada The platform offers a variety of consumer credit products including personal loans, auto loans, mortgages, debt management and credit improvement services. In addition to providing consumers with greater access to alternative financing options, Loans Canada aims to educate consumers through rich financial literacy content, including an extensive library of resources related to debt, credit, budget and financial wellness.

As strategic partners, Even and Loans Canada will leverage the reach of its two industry-leading platforms to make it easier for Canadian consumers to find and match personal loan offers that fit their unique needs.

“We are excited to partner with Even, the leading financial services recommendation engine. Together we can better serve customers on their journey to find better and more affordable financing” Scott Satoff, CEO of Loans Canada.

So continued its rapid growth trajectory in 2021, surpassing 4 billion dollars In credit matched by its own API. Named one of the “Best Startups in America” ​​by Forbes for 2021 and named to the Deloitte Technology Fast 500 list for the second year in a row. EVEN’s growing network includes over 400 financial service providers and 500 channel partners, covering a wide range of financial services including loans, credit cards, mortgages, savings and insurance products.

employment December 17, 2021, until it announced that it would acquire MoneyLion, an award-winning and financial membership platform for mobile banking that enables people to take control of their finances. The acquisition accelerates MoneyLion’s mission to provide comprehensive financial access and advice to hard-working Americans.

With the aim of improving their customers’ experience, Loans Canada launched its first call center this year. loans Canada The affiliate program remains the preferred monetization platform for personal finance platforms and publishers Canada. loans Canada Monthly app volumes have nearly doubled in the past 18 months, and the company posted record revenue with 450% growth over the same period. Since launching the Financial Literacy Scholarship last year, Loans Canada is proud to announce that four outstanding students have received the award so far.

About even financial

Founded in 2014, it even digitally connects and matches consumers with real-time personalized financial product recommendations from banks, insurance companies and fintech companies on mobile apps, websites and other digital touch points through its proprietary market technology. The infrastructure even leverages machine learning and advanced data science to solve a major pain point in financial services customer acquisition, seamlessly connecting financial service providers (such as SoFi) and channel partners (such as TransUnion) via industry-leading APIs and finance markets. compact. It even enables any company to add financial products to their business, with full compliance and security at scale. It was even named one of Forbes’ “Best Startups in America” ​​for 2021 and named in the 2021 Deloitte Technology Fast 500, which honors the world’s fastest growing technology companies. Learn more at www.evenfinancial.com.

About Loans Canada

It was launched in 2012 as Canada The first loan comparison platform, LoansCanada.ca is the leader CanadaA world-class financial services destination for credit-bound Canadians. loans Canada Connecting over 1 million Canadian users with personal loan, auto loan, vehicle repair, mortgage, debt management and credit improvement solutions providers. With its growing online presence, Loans Canada is able to help tens of thousands of Canadians each year with a variety of different financial services. loans Canada It is also a major destination for financial literacy content, with an extensive library of resources related to debt, credit, budgeting, and financial wellness.

Media contact

media@evenfinancial.com

scott@loanscanada.ca

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SOURCE Even Financial, Inc.

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