Dollar Bank selects Numerated for its expansion strategy

Dollar bank

Numerated’s Founder and CEO Dan O’Malley

US-based Dollar Bank has selected Numerated’s real-time lending and sales platform to attract and expand relationships in its business expansion strategy.

Numerated is a Massachusetts Series B funded startup which is in the business of developing real time lending and sales solutions for banks.

Numerated’s Founder and CEO Dan O’Malley commented on the recent partnership,“As one of the first banks in the country to offer online and mobile banking, we are proud to play a role in furthering Dollar Bank’s reputation as an early adopter of transformative banking technology, We look forward to providing their dedicated bankers with a growth platform for business banking, including a real-time borrowing experience that meets the on-demand needs of today’s business owners.”

The supplier claims that with Dollar Bank’s implementation of Numerated’s solutions the Pennsylvania based Bank will be able to identify and pre-qualify businesses in their footprint for loans and will transform how their bankers go-to-market to have more proactive, consultative conversations. Numerated will also power a real-time borrowing experience across the Bank’s channels that automates underwriting and provides time-strapped business owners with the ability to secure financing in minutes instead of weeks.

Numerated’s real-time lending and sales platform helps banks to digitally transform credit, sales, and customer experience. Numerated has previously partnered with a number of US-based relationship banks, including Eastern Bank where its technology was originally incubated, Bremer Bank, Horizon Bank, MidFirst Bank, Seacoast Bank, People’s United Bank, and more.

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