SaaS fintech infrastructure development company Alchemy Technologies has formed a new partnership with payment and funding solution LoanPaymentPro to provide lenders and finance companies to provide multiple consumer-facing fund disbursement and payment products, as well as channels, which includes debit card validation, real-time push-to-card funding, debit card acceptance, ACH, and remotely created checks.
Alchemy and LoanPaymentPro revealed they have integrated at various levels through their secured, real-time APIs. James Celli, CEO and Founder of LoanPaymentPro, explained the latest integration:
This partnership allows us to offer our value-driven payment solutions to help lenders become more effective and efficient in accepting payments from its borrowers and consumers in a real-time setting. Timothy Li and the team at Alchemy continue to innovate and inspire lenders and partners across our vertical.”
Michael Perkins, SVP of Channel Partnerships for LoanPaymentPro, concluded:
“Alchemy shares our passion for innovation and leveraging technology to provide a frictionless user experience to both our clients and their customers. Their team’s dedication for customer service is well known in the industry and we are our joint customers are getting the best technology.”
Founded in 2018, Alchemy describes itself as an infrastructure company that powers fintech and banks with an end-to-end cloud-based SaaS solution. The company explained that its system is completely white-labeled and customizable, serving customers worldwide.
“Alchemy includes automated functions for payment, underwriting, verification and reporting. This high degree of automation allows lenders to optimize their operations by creating efficient workflows, reducing the need for call center staffing, and increasing accuracy and predictability of lending functions.”
Alchemy added it further streamlines the lending processes through the use of mobile and online portals, custom APIs, fraud prevention tools, and simplified user and customer interfaces.
