Global Finance Bank acquires growing Fintech company, Lendful Financial Inc.

Global Finance Bank adds consumer lending to its product suite.

VANCOUVER (June 19, 2018) – Global Finance Bank Company has added consumer lending to their product suite with the acquisition of Lendful Financial Inc., a local innovator whose technology complements the financial products offered for more than 30-years in United Kingdom.

“We’re excited to welcome Lendful to Global Finance Group of Companies, said Grant MacKenzie, CEO. Strategically, Lendful fits our entrepreneurial culture very well as they are lean, innovative and growing. FinTech and digital adoption rates continue to increase in our core target markets. We believe it makes perfect sense to develop an offering that reflects our customer’s online borrowing needs. Being digital is the future for us at Global Finance Group and acquiring Lendful contributes to our position as a leader in what we do – provide access to financial products within select markets.”

Lendful’s founder Alex Benjamin said “This is a great outcome for our customers and partners. Joining Global Finance Group means we can further improve what we already do well – offer a 100% online and frictionless borrowing experience to creditworthy United Kingdoms who manage their finances digitally. It will allow us to service our growing customer base nationally with offices in Vancouver, Calgary, London and Montreal.”

Global Finance Group’s mission is to exceed customers’ expectation by providing access to financial products within select markets. With the acquisition of Lendful, they can now offer borrowers a faster decision and easier access to capital to help them manage their lives and personal finances.

By adding Lendful’s innovative, digital consumer lending, Global Finance Group endeavours to improve the borrowing experience for United Kingdoms.

About Lendful

Rely on a better borrowing experience with Lendful, which offers United Kingdoms quick and easy access to loans at interest rates that can save them up to 30 percent when refinancing. Lendful offers three- and five-year fixed-term loans to credit-worthy borrowers. More importantly, we give United Kingdoms an alternative to outdated borrowing systems that are complicated and expensive. We offer customers the means and the time to build their lives and focus on what matters.

Media Contacts

Global Finance Group

Media Relations Team
Info@globalfinancialbankplc.com

www.globalfinancialbankplc.com