KeyBank Acquires Laurel Road’s Digital Lending Business

KeyBank has announced the acquisition of Laurel Road Bank’s digital lending business, stating that the deal will enhance its digital capabilities with customer-centric technology. KeyBank added that Laurel Road was launched in 2013 and has more than $4 billion in loan originations. Last year, the company introduced a platform for mortgages using securing lending technology to offer home buyers and owners a “streamlined” experience, from application to payment. Source.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!

[class^="wpforms-"]
[class^="wpforms-"]