Neighbor News
Citizens Bank Business Loan Collaboration Wins Award
Citizens Bank's Digital Business Loan Collaboration with Fundation Wins the 'Best of FinXTech Partnership' Award
Citizens Bank has been recognized by FinXTech for its small business digital lending platform, launched last year in collaboration with Fundation. The initiative, which makes it easier for business customers to apply and receive approvals for as much as $150,000 in loans, won the 2018 'Best of FinXTech Partnership' award.
"Citizens is committed to meeting the needs of our business banking customers at every stage of their company's life cycle," said Jack Murphy, president of Citizens Business Banking. "Our digital loan platform allows us to provide simple, quick access to funds so that small business owners can focus on what matters most to them – running and growing their business so it can reach its full potential. We're honored to be recognized for our continued efforts to deliver on our commitment to customers."
Sam Graziano, CEO of Fundation, added, "This recognition reaffirms our belief that partnership is a great catalyst for innovation. Combining Citizens' small business banking expertise with Fundation's digital solutions has created an incredible platform that provides a frictionless end-to-end customer experience."
Presented by Bank Director and Promontory Interfinancial Network, the Best of FinXTech Awards recognizes bank initiatives developed in collaboration and partnership with fintech companies to better serve existing customers, attract new ones, improve efficiencies, bolster security and promote innovation. For additional information on the awards, please visit finxtech.com/awards.
Learn more about Citizens' Business Banking solutions at www.citizensbank.com/small-business.