Synchrony has completed its purchase of Ally Lending, Ally Financial’s point-of-sale (POS) financing business. The deal, first announced in January, includes $2.2 billion of loan receivables and a loan portfolio that includes relations with nearly 2,500 merchants and supports more than 450,000 active borrowers in home improvement services and healthcare....
In today’s top retail news, The Home Depot reported surging comparable sales, while Ally Lending has brought its financing services to Sezzle. Plus, Walmart posted better-than-expected top and bottom line growth on Tuesday (May 18). The Home Depot’s Comp Sales Surge Amid Rise In Home...
In today’s top news in digital-first banking, Volante Technologies Inc. is collaborating with Goldman Sachs Bank USA on digital transaction banking, while Sezzle has created a partnership with digital financial services company Ally Lending. Plus, FIS has partnered with The Clearing House (TCH) on real-time...
The FinTech Sezzle has struck up a partnership with Ally Lending, a digital financial services company. This will allow the Minneapolis-based Sezzle to offer more long-term loans. “Our collaboration with Ally Lending enhances our customer financing offerings, making it possible for consumers to better manage...
March 04, 2024
Synchrony has completed its purchase of Ally Lending, Ally Financial’s point-of-sale (POS) financing business. The deal, first announced in January, includes $2.2 billion of loan receivables and a loan portfolio that includes relations with nearly 2,500 merchants and supports more than 450,000 active borrowers in home improvement services and healthcare. “Through this acquisition, Synchrony deepens its presence and reach in the home […]
September 23, 2020
The FinTech Sezzle has struck up a partnership with Ally Lending, a digital financial services company. This will allow the Minneapolis-based Sezzle to offer more long-term loans. “Our collaboration with...
