HES FinTech selects Acquired.com as payments and banking partner

By Gloria Methri

Lending software provider HES Fintech has partnered with UK-based payment initiation service provider Acquired.com. Lenders using HES technology will now be able to leverage a sophisticated payment solution that enables rapid disbursement of loans and seamless borrower-centric collection methods.

“Acquired.com’s solution is best-in-class when it comes to payment processing. They have proved they can operate in a truly consultative manner by building a deep understanding of our clients’ needs and what we want to achieve as we launch in the UK,” said Ivan Kovalenko, Co-Founder, and CEO of HES Fintech.

As HES embarks on expanding its market share in the UK, the partnership with Acquired.com promises to accelerate the delivery of solutions for B2B and B2C lending across several key verticals.

Established in 2015, FCA-regulated Acquired.com is a payment specialist, offering tailored, custom-built payment processing solutions. It will benefit lenders using HES LoanBox by enhancing the lending process with its custom-built solutions, from seamless loan disbursement processes to optimised continuous and one-off collections.

HES required a partner with significant experience in the lending space and one that could offer a variety of payment methods for borrowers including Apple Pay, Google Pay, and Open Banking.

Additionally, Acquired.com’s Account Updater tool will enable HES’ lenders to avoid needing to contact borrowers whose card details have expired, been lost, or stolen. Allowing recurring payments to be taken seamlessly by updating customer payment details automatically without impacting service, benefitting both the lender and borrower.

“Our partnership with HES Fintech establishes Acquired.com as the payments and banking solution of choice for UK Loan Management Software providers. It’s been a pleasure working with HES Fintech and their clients, tailoring our solution to meet specific needs and overcoming challenges faced,” said Jack Mangnall, Senior Partner Manager at Acquired.com.