KeyBank acquires out-of-state digital lending business

~ Alfred Serrano

KeyBank this week closed on an acquisition of a New York-based digital lending business.

KeyBank has acquired Laurel Road Bank’s digital lending business in a move the company says will boost its digital capabilities; scale its footprint; and support its “digital transformation strategy.”

Financial terms of the transaction were not disclosed.

Laurel Road, based in New York City, built and launched in 2013 a student loan refinancing platform that has rapidly grown to total more than $4 billion…

from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_2/~3/Jgdx5YLT-Nk/keybank-acquires-out-of-state-digital-lending.html
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Published by Alfred Serrano

Selling luxury homes is my job and this is what I love to do. I am dedicated to ensuring that all transactions proceed in a smooth, satisfying, and positive manor, from beginning to end, in order to make home buying a pleasant experience for you.

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