KeyBank, a regional bank based in Cleveland with over 1100 branches in 25 states and the District of Colombia, is shuttering the lobbies of all its branches. An email distributed to account holders said the bank was taking this action due to the Coronavirus (COVID-19)… Read More
KeyBank National Association announced on Wednesday it has successfully completed the acquisition of Laurel Road Bank’s digital lending business. According to KeyBank, the acquisition underpins the banking group’s strategic growth efforts, by enhancing its digital capabilities through customized, end-to-end lending products. KeyBank reported that Laurel… Read More
KeyBank National Association announced on Wednesday KeyBank and Laurel Road Bank have entered into a definitive agreement for the acquisition by Key of Laurel Road’s digital lending business. KeyBank reported that through the acquisition it will enhance its digital capabilities with customer-centric technology. According to… Read More
KeyCorp (NYSE: KEY) announced on Friday it has teamed up with Ingo Money to launch its instant payment solution. KeyBank revealed that through Ingo Money’s platform its commercial clients will be able to quickly and easily turn slow, expensive paper checks and ACH deposits into instant,… Read More
On Wednesday, KeyBank announced it has acquired digital lending platform for small businesses Bolstr. According to Key, the fintech software, which is expected to be implemented later this year, will enable the banking group to provide faster and easier access both to SBA loans and to… Read More
As 2015 comes to a close, here are some highlights from WWF, the wonderful world of fintech. And what a year it’s been! At the close of last year, the world watched Lending Club’s astounding IPO. By this November, the firm surpassed $13B from borrowers since its 2006 launch. During… Read More
Brick and mortar KeyBank announced a strategic partnership and minority investment in AvidXchange, a leader in accounts payable automation solutions. Charlotte-based AvidXchange recently completed a $225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank and TPG Special… Read More
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