Fintechs who introduce credit builder cards and loans are offering unique products and services tailored to their customer needs. Offering credit building products can build customer loyalty. As an example, some credit builder card providers enjoy near-perfect ratings on app stores. In addition, consumers using a credit builder card program are often long-term users given the time to complete a payback plan to build or improve their credit history.
If you’d like to offer your customers credit products like credit builder cards or loans, Synapse can help. Our multiple credit products provide the building blocks to construct multiple types of credit offering, with Synapse as your built-in lender of record. Credit Hub offers Open Loans to Revolving Loans, to Credit Builder Loans to Buy Now, Pay Later, our platform provides flexibility to launch innovative experiences for your users.
*Synapse Financial Technologies, Inc. is not a Bank.
Deposit, Banking and Card services are provided by Synapse Financial Technologies, Inc.’s partner banks, Members FDIC.
Credit services are provided by Synapse Credit LLC, a licensed U.S. lender in designated States.