ChargeAfter, an embedded credit provider for point-of-sale financing, has launched a hub that enables banks to create, manage and distribute any credit product through a centralized platform.
The white-label platform, called The Lending Hub, offers financial institutions a suite of tools designed to streamline the development, management and distribution of loan products at scale.
The hub includes a merchant enablement layer for rapid merchant onboarding, integration, and omni-commerce checkout processes. A merchant management suite provides BI analytics and reporting, as well as merchant monitoring and chargeback management.
Jeffrey Tower, EVP, Global Business Development and Strategy, ChargeAfter, says: “Banks are looking to expand beyond their traditional models and integrate their lending products directly into merchants’ point of sale.”
“Our platform promises to transform the way you and your customers experience lending by offering a suite of comprehensive tools and seamless integration that is unparalleled in the market.”