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Payments General

Linedata acquires French startup Loansquare

Friday 11 January 2019 | 01:56 PM CET

Linedata has acquired French startup Loansquare as it looks to strengthen its platforms and services for lenders.

Financial details were not disclosed. According to Linedata, the Loansquare platform is a solution for setting up and managing commercial loans between borrowers and financial institutions.

This comprises a borrower portal to let lenders manage their loan portfolio, and a servicing portal for managing financial flows.

Loansquare now interoperates with Linedata Uniloan360, a servicing platform for commercial and syndicated loans; Linedata Capitalstream, a commercial loans origination and risk management platform; and Linedata Ekip360, a leasing, car finance and consumer loans solution.

More: Link
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