Kasasa Partners with Magwitch to Enhance Lending Options for Community Financial Institutions Nationwide
AUSTIN, Texas, Nov. 14, 2023 /PRNewswire/ -- Kasasa, an award-winning financial technology and marketing provider, today announced it is partnering with Magwitch, a LaaS (Lending as a Service) platform providing a holistic suite of open lending capabilities for banks and credit unions, while empowering a comprehensive PosF (Point of Sale Financing) platform for merchants, manufacturers, distributors, and fintechs across the US. Magwitch will be the exclusive LaaS platform for Kasasa to help the community financial institutions they work with, also known as Kasasa financial institutions (KFIs), generate more loan volume within their geographic footprints.
- Magwitch will be the exclusive LaaS platform for Kasasa to help the community financial institutions they work with, also known as Kasasa financial institutions (KFIs), generate more loan volume within their geographic footprints.
- Kasasa partners exclusively with community financial institutions — the only place consumers can find their innovative banking solutions.
- Kasasa serves hundreds of community financial institutions nationwide, representing over 3 million consumer bank accounts across 3,400+ branches in all 50 states.
- Since 2003, Kasasa financial institutions have given back nearly $3 billion in rewards to Kasasa account holders.