LendKey Appoints Samir Suri as Senior Vice President of Product
Consumer lending veteran to lead product teams to fuel further growth
NEW YORK, Oct. 17, 2017 /PRNewswire/ -- LendKey, the leading lending-as-a-service solution for banks and credit unions, today announced the appointment of Samir Suri as Senior Vice President of Product. A consumer financial services industry veteran of over 15 years, Suri is charged with guiding the vision of LendKey's turnkey platform and enhancing the user experience for LendKey's lending partners and borrowers alike.
Financial institutions are increasingly aware of the need to service their clients where they want to be served: digital and mobile. Most of these institutions lack the resources needed to develop these platforms and solutions in-house. LendKey enables these lenders to seamlessly integrate digital lending into their suite of client services.
"Samir has a proven track record of elevating client and consumer experience. We're excited to extend his vision and expertise to our customers," said Vince Passione, LendKey CEO and founder. "Through digital transformation partnerships, such as through LendKey, banks and credit unions are well-positioned to be successful against emerging non-traditional lenders. Samir's addition to the team reaffirms our commitment to providing the most innovative digital lending solution in the market."
Prior to joining LendKey, Suri served as Senior Director at Oportun Inc., a venture-backed social enterprise that works to provide access to affordable credit for individuals who are underserved or unbanked. During his five-year tenure at Oportun, the company's loan portfolio grew from $85 million to nearly $1 billion.
"In today's digital-first economy, more consumers are expecting their financial institutions to be technologically savvy, secure and forward-thinking," said Suri. "I'm looking forward to building upon LendKey's unique lending-as-a-service model to better empower community lenders, banks and credit unions to service customers."
Suri holds a Bachelor's degree (magna cum laude) in Economics with a Math emphasis from the University of Minnesota, Twin Cities, and an MBA (honors) from The University of Chicago Booth School of Business.
About LendKey
LendKey pioneered the lending-as-a-service model by creating white-labeled lending solutions that transform financial institutions into profitable digital lending businesses. LendKey's customized solutions help financial institutions attract new business, grow relationships, manage liquidity, and mitigate risk. The company manages the entire lending process, which includes demand generation, online decisioning, loan origination, customer service and balance sheet management. Founded in 2009 and based in New York and Cincinnati, LendKey works with hundreds of credit unions and banks and has deployed more than $1.7 billion in capital to date. For more information, please visit business.lendkey.com.
Contact:
Kelly Anderson
SHIFT Communications
[email protected]
SOURCE LendKey
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