Fintech will offer a variety of financial loan products for underserved consumers
(Kansas City, MO) Aug. 2021 Today, Lead Bank, Kansas City's leading fintech institution, announced the launch of "LoanMe," a comprehensive financial technology lending platform offering personal loans and small business loans without consumers needing to visit a bank branch. With this, both existing and non-Lead Bank clients can digitally fill out an online loan application in a paperless environment without leaving the comfort of their own homes.
When face-to-face and physical interactions are seen as risky, consumers are flocking to digital alternatives in every aspect of their lives; the financial industry is no different. Exacerbated by the pandemic, the Fintech sector has experienced rapid growth over the past year, both with users and the number of Fintech services. With over $1.8B+ in loan origination to over 340k borrowers since 2014, LoanMe serves the growing niche of underserved consumers and businesses by providing them with financial solutions. Empowering its borrowers by offering a wide array of financial products, LoanMe is a non-invasive and quick online loan solution for consumers and small business owners when they need it the most. Offering no prepayment penalty, lox, fixed monthly payments, and same day funding.
"With LoanMe, we've created a seamless digital experience for our clients, allowing them to spend more time to focus on what matters while we take care of and assist with their financial needs at the same time. The process is quick and seamless. With LoanMe's state-of-the-art digital platform, our clients get a loan experience that is truly different from other digital banks,” said Brook Clouse, Executive Vice President, Chief Operating Officer. “Lead Bank is continuously looking for solutions that empower and move our clients forward,” Brooke added.
About Lead Bank
Lead Bank is a community-minded, independent commercial bank recognized for its innovative approach to community banking and unique banking solutions that allows real people, real businesses, and their communities to thrive. Serving communities with treasury management and lending services, consumer client products, digital consumer banking, and innovative financial technology services, Lead Bank is the first choice for those looking for a future banking partner. Headquartered in Kansas City, Missouri, yet serving clients digitally throughout the United States, Lead Bank is known for being a small business advocate, having outstanding client service, and creating financial pathways for those, who in the past, have been financially unhealthy. 2020 member of the Global Alliance for Banking on Values (GABV), an international network of banking leaders worldwide committed to advancing positive change in the banking sector. For additional information, call (816) 220.8600 or visit http://www.lead.bank/