NEW YORK, June 30, 2020 / PRNewswire / – Porch, the leading online platform for connecting homeowners to home improvement and repair service providers, has partnered with FinMkt, a premier SaaS provider of point-of-sale consumer finance technology, to Porch Financing to start solutions. Porch’s contract network licenses FinMkt’s unique multi-lender, full-credit point-of-sale platform and now has access to financing options from multiple lenders, including PenFed Credit Union. Genesis Credit, Secure payment systems and more. This strategic partnership meets the growing demand for alternative financing options for home improvement services and contactless payment methods.
“FinMkt is incredibly excited to be working with Porch to provide Americans with easier access to funding for their critical repair or improvement projects and to provide contractors with an easy-to-use one-off application,” said Luan Cox, CEO of FinMkt.
Porch will offer this innovative financing platform to its network of over 200,000 contractors. Once on board, contractors can offer their clients a range of financing products from FinMkt’s growing list of leading lenders to ensure higher approval rates for people of all types of credit. Using the platform, homeowners securely fill out a short form from their own computer or mobile device and qualify for offers without affecting their credit. A homeowner can apply, select their loan, and complete the process through a quick and convenient mobile experience in minutes.
“After extensive market research in Fintech, we are incredibly happy to have selected FinMkt. Thanks to their revolutionary technology and close relationship with home improvement lenders, Porch is the premier home services platform that gives contractors a first-class user experience and access to competitive products offers rates from trusted lenders like PenFed Credit Union and others across the credit spectrum, “said Matt Ehrlichman, CEO and Co-Founder of Porch.
To learn more about FinMkt’s leading point-of-sale platform, visit FinFi.co or FinMkt.io.
About FinMkt
FinMkt is passionate about providing world-class technology to improve consumer access to competitive finance. FinMkt has developed a state-of-the-art multi-lender platform to simplify point-of-sale financing for the home improvement, retail and medical sectors. FinMkt’s scalable, patent-pending SaaS platform includes seamless APIs and fully hosted white label solutions. To learn more, please visit FinMkt.com or email us at [email protected].
Via porch
Established in 2012 as an online home improvement network, Porch has grown to become the industry leading home improvement partner by connecting homeowners with qualified professionals. The company focused on helping customers at every stage of their “journey home” – including move-in, installation, assembly, repairs, and ongoing maintenance – and enabled over two million home-related projects in the past year alone that were nearly generated $ 1 billion Income for small business owners and sole proprietors in specialty areas such as plumbing, roofing, electrical work, carpentry and more.
For press inquiries, please contact:
Erin Smith, Vice President for Marketing
E-mail: [email protected]
Direct: +973 856 3477
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SOURCE FinMkt, Inc.
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