HES FinTech chooses Acquired.com as payment and banking partner

By Gloria Methri

Lending software provider HES Fintech has partnered with UK provider of payment initiation services Acquired.com. Lenders using HES technology will now be able to leverage a sophisticated payment solution that enables fast loan disbursement and seamless borrower-centric collection methods.

“Acquired.com’s solution is best in class when it comes to payment processing. They have proven they can operate in a truly consultative way by building a deep understanding of our customers’ needs and what we want to achieve when we launch in the UK,” said Ivan Kovalenko, co-founder and CEO of HES Fintech.

As HES embarks on expanding its market share in the UK, the partnership with Acquired.com promises to accelerate the delivery of B2B and B2C lending solutions across several key verticals.

Established in 2015, FCA-regulated Acquired.com is a payments specialist offering bespoke, purpose-built payment processing solutions. It will benefit lenders using HES LoanBox by improving the lending process with its purpose-built solutions, from seamless loan disbursement processes to optimized ongoing and one-off collections.

HES required a partner with significant experience in lending and one that could offer a range of payment methods for borrowers, including Apple Pay, Google Pay and Open Banking.

In addition, Acquired.com’s account update tool will enable HES’ lenders to avoid having to contact borrowers whose card information has expired, been lost or stolen. Allows recurring payments to be taken seamlessly by automatically updating customer payment details without impacting service, benefiting both lender and borrower.

“Our partnership with HES Fintech establishes Acquired.com as the payment and banking solution of choice for UK loan management software providers. It has been a pleasure working with HES Fintech and their clients, tailoring our solution to meet specific needs and overcoming challenges, said Jack Mangnall, Senior Partner Manager at Acquired.com.