Medallion Bank fintech strategic partnership program reaches $40M quarterly volume

Medallion Financial Corp. announced fintech strategic partnership program on September 30, 2024.

Primary

Medallion Financial Corp.

Amount

$40M

Structure

fintech strategic partnership program

Date

September 30, 2024

Sub-sector

Lending

Medallion Bank's fintech partnership program achieved record quarterly origination volume of $40M, demonstrating growth in newest business line and validation of partnership model for loan distribution.

Primary company

Medallion Financial Corp.

Counterparty

Not disclosed

Amount

$40M

Event date

September 30, 2024

Sub-sector

Lending

HQ

Not disclosed

Structure

fintech strategic partnership program

Source published

October 29, 2024

Publisher

GlobeNewswire

Source: manilatimes.net