Virgin Money partners with Fintech Trade Ledger as part of a new business banking proposition
USA - English
Share this article
Share this article
LONDON, April 29, 2021 /PRNewswire/ Virgin Money continues to build its business banking proposition, adding FinTech partner, Trade Ledger, which specialises in data-driven lending technology.
Trade Ledger is a leading global technology provider for the commercial banking and financial services industry, supporting banks by enabling lending products to be created and offered at the right time, over the right channel. Its platform has a lending-as-a-service (LaaS) capability, supporting secured and unsecured lending, to unlock all types of working capital and business lending products for businesses that otherwise find access to finance difficult.
Virgin Money Joins Forces With Trade Ledger For New Business Banking Proposition
Virgin Money announced on Thursday it has joined forces with Trade Ledger, a fintech specializes in data-driven lending technology, to build on its business banking proposition. According to Virgin Money, Trade Ledger is a tech provider for commercial banking and financial services. It supports banks by enabling lending products to be created.
Virgin Money further revealed that through the partnership Trade Ledger will allow it to deliver a “quicker and more user-friendly” experience for business customers applying for lending.
“By using Trade Ledger’s platform, which analyses data and automates a wide range of key lending processes, Virgin Money will be able to provide a quicker, more efficient service to its customers while reducing risk. The initial Trade Ledger products in scope for the Virgin Money Working Capital Health proposition include business term loans, asset finance and invo