Loans Canada and Even Financial announce strategic partnership to help Canadian borrowers

NEW YORK, January 20, 2022 /PRNewswire/ — Even Financial (“Even”), the category-leading integrated finance marketplace, and LoansCanada.ca (“Loans Canada”), the leading online loan comparison site. Canadaannounced a strategic partnership to help Canadian borrowers find optimal loan and credit solutions.

“As the online financial services ecosystem continues to grow rapidly in the United States and Canadathe infrastructure for financial service providers to distribute their products digitally remains fractured and a bottleneck for growth,” said Phil Rosen, Founder and CEO of Even Financial. “With this in mind, we are delighted to partner with Loans Canada, which plays a vital role in connecting Canadian consumers to the financial products they need.”

Founded in 2014, Even digitally connects and connects consumers with real-time, personalized financial product recommendations from banks, insurance companies and fintechs, across mobile apps, websites and apps. other digital touchpoints through its marketplace technology. Even’s infrastructure leverages machine learning and advanced data science to solve a significant problem in customer acquisition in financial services, by seamlessly connecting financial service providers (such as SoFi ) and distribution partners (such as TransUnion) through its state-of-the-art API and integrated financial markets. Even enables any business to add financial products to their business, with full compliance and security at scale.

Like from Canada A leading loan comparison platform, Loans Canada connects Canadian consumers, regardless of their financial background or credit history, with a lender or service provider that meets their needs. Loans from Canada offers a variety of consumer credit products, including personal loans, auto loans, mortgages, debt management and credit enhancement services. In addition to providing consumers with greater access to alternative financing options, Loans Canada aims to educate consumers through its rich financial literacy content, including an extensive library of resources on debt, credit, budgeting and financial well-being.

As strategic partners, Even and Loans Canada will leverage the reach of their two industry-leading platforms to make it easier for Canadian consumers to find and be matched with personalized loan offers that best suit their unique needs.

“We are thrilled to partner with Even, a leading financial services recommendation engine. Together, we can better serve consumers on their journey to find better and more affordable financing,” said Scott SatovCEO of Loans Canada.

Even continued its rapid growth trajectory in 2021, surpassing $4 billion in matched credit via its API. He was named one of “America’s Top Startup Employers” by Forbes for 2021 and was named to the Deloitte Technology Fast 500 list for a second consecutive year. Even’s growing network includes more than 400 financial service providers and 500 channel partners, covering a wide range of financial services including loans, credit cards, mortgages, savings and insurance products .

At December 17, 2021, even announced that it will be acquired by MoneyLion, an award-winning mobile banking and finance membership platform that empowers people to take control of their finances. The acquisition accelerates MoneyLion’s mission to provide comprehensive financial access and guidance to hard-working Americans.

In an effort to improve the customer experience, Loans Canada launched its first call center this year. Loans from Canada The Affiliate Program continues to be the monetization platform of choice for personal finance platforms and publishers across Canada. Loans from Canada month-over-month app volume nearly doubled in the past 18 months, and the company posted record revenue with 450% growth over the same period. Since launching its Financial Literacy Scholarship last year, Loans Canada is proud to announce that four amazing students have received the award so far.

About Even Financial
Founded in 2014, Even digitally connects and connects consumers with real-time, personalized financial product recommendations from banks, insurance companies, and fintechs on mobile apps, websites, and more. digital touchpoints through its marketplace technology. Even’s infrastructure leverages machine learning and advanced data science to solve a significant problem in customer acquisition in financial services, by seamlessly connecting financial service providers (such as SoFi ) and distribution partners (such as TransUnion) through its state-of-the-art API and integrated financial markets. Even enables any business to add financial products to their business, with full compliance and security at scale. Even was named one of “America’s Top Startup Employers” by Forbes for 2021 and was named to the 2021 Deloitte Technology Fast 500, which recognizes the world’s fastest growing technology companies. To learn more, visit www.evenfinancial.com.

About Loans Canada
Launched in 2012 under the name from Canada first loan comparison platform, LoansCanada.ca is the leader Canadaas a financial services destination for Canadians with credit constraints. Loans Canada has connected over one million Canadian users to personal loan, auto loan, vehicle repair, mortgage, debt management and credit enhancement solution providers. Through its growing online presence, Loans Canada is able to help tens of thousands of Canadians each year with a variety of different financial services. Loans Canada is also a top destination for financial literacy content, with an extensive library of resources on debt, credit, budgeting, and financial wellness.

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SOURCEEven Financial, Inc.