Financial resource solution provider Supermoney has inked a strategic partnership with consumer lending platform, Best Egg. The agreement will integrate Best Egg’s online loan solution with SuperMoney’s personal loan pre-qualification platform.
“Partnering with SuperMoney supports our mission of making money more accessible to allow people to enjoy life,” said Jeffrey Meiler, CEO of Marlette Funding, the company that runs Best Egg. “Our core values align and this partnership will benefit consumers with apples-to-apples comparisons and (a) commitment to transparency.”
“Both companies will continue to focus on growing their digital footprint and creating a best-in-class customer experience,” SuperMoney CEO Miron Lulic added. He highlighted Best Egg’s recent milestone of delivering more than $6.7 billion in funding loans, as well as his own company’s financing of more than $1 billion via its platform. This kind of traction, Lulic said, makes the collaboration with Best Egg, “an exciting opportunity to continue building upon our respective successes in the personal loan industry.”
Marlette Funding, the team behind Best Egg, leverages decades of banking experience, deep customer knowledge, and smart technology to provide a frictionless personal lending experience for consumers. Qualified applicants using Best Egg can get loan offers instantly, and funds are available as soon as one business day. The platform was launched in 2014.
Founded in 2013 and headquartered in Santa Ana, California, SuperMoney launched its student loan refinancing comparison marketplace in November. With a single application, users get real time, actual rate quotes from lenders such as LendKey and SoFi. The process is quick and does not impact borrower’s credit scores.
SuperMoney demonstrated its no-fee, point of sale financing technology at FinovateSpring 2018. The solution provides small businesses with a turn-key financing option to help customers finance products and services with no additional cost to the merchant. In 2017, SuperMoney introduced its auto loan offer comparison tool.