Throwback Thursday: 2017 Will Be a Huge Year for Bank Partnerships

As Lend Academy discussed in their November 14 blog post, banks are eager to partner with fintech companies; banking partnerships have taken three forms including: bank-fintech-bank (BFB), fintech-fintech-bank (FFB) and bank-fintech-fintech (BFF); choosing to co-brand or white label is also a significant factor to consider in banking partnership deals with white label services helping banks to cross sell their products; two major banks, Goldman Sachs and PingAn, have created their own online lending platforms; SunTrust has also been an industry leader with its acquisition of online lender LightStream in 2012.  Source

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