Seattle Bank and LoanStar Technologies develop embedded lending solution 2023
Embedded lending is a sort of financial services that allows businesses to provide their consumers credit or loans inside the context of a transaction.
The relationship is made feasible by the open-API technological stack of Seattle Bank, whose application programming interface is made available to all software developers.
Finastra, a worldwide financial software and markets company, will join both firms.
With Finastra’s FusionFabric cloud open developer, Seattle Bank is able to link with LoanStar and provide clients with immediate access to loans via LoanStar’s merchants. FusionFabric will aid in allowing real-time underwriting and loan processing.