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Peach Launches Adaptive Core™, Announces RebrandPeach Finance, a cloud-native lending technology platform that helps lenders quickly launch and confidently scale lending products, today announced its new Adaptive Core™ offering, a proprietary loan management system designed to give lenders extreme configurability even as their lending programs scale. In addition, Peach today launched a refreshed brand-including a new logo, visual identity and website. The new brand and offering build on the company's recent momentum, including a partnership with Mission Lane and selection as a launch partner for the Visa Ready for BNPL Program. "Rigid lending infrastructure is a severe hindrance to many of today's best-known lenders," said Eddie Oistacher, Peach Co-Founder and CEO. "And the pace of change in lending is only increasing. To survive and thrive, today's lenders must have the ability to continually adapt to evolving technologies, trends, regulations and market conditions." Oistacher continued: "Peach is the only lending technology platform that allows lenders to be just as flexible at scale as they are at launch. The Adaptive Core i an entirely new paradigm that will empower our clients to continually iterate on existing lending products, even at scale, and to launch innovative lending programs with speed and flexibility. Our product update and refreshed brand are an extension of the same forward-looking approach-rooted in deep industry experience-that has defined Peach since our founding." Peach's lending technology platform comprises a loan management system, an integrated suite of proprietary servicing tools and Compliance Guard™, an automated compliance monitoring system. Peach supports virtually any non-mortgage consumer or business asset class, and gives lenders access to over 200 configuration variables for defining loan behavior. Existing clients will automatically have access to the full breadth of functionality provided by Peach's Adaptive Core. Peach's rebrand features a collaboration with veteran designer Bobby Novoa of Bien Studio and software development agency Volume7. "Peach is a one-of-a-kind technology innovator with a truly differentiated, best-in-class approach to lending infrastructure," said Crayton Montei, Peach's Head of Marketing and Brand. "Its team of leading lending authorities has deep insight into the future of lending, and a compelling vision for how to deftly guide clients through turbulent waters. With this updated brand, we sought to embody these differentiators in an improved visual identity." "While our look has changed," Montei continued, "our commitment to industry leadership, long-term thinking and respect for every user remains the same." Peach's mission is to improve lives by giving every lender the power to innovate. See the rebrand and learn more about Peach's Adaptive Core at peachfinance.com. About Peach Peach is a cloud-native lending technology platform that helps fintechs and traditional financial institutions quickly launch new lending programs. Peach is the only lending platform built on an Adaptive Core™. The company's fully integrated suite of API-based products includes a loan management system that supports virtually any non-mortgage asset class and features 200+ configuration variables; a suite of proprietary servicing tools, including a lending-specific CRM, borrower portal, agent portal, payment processing, communications, reporting and first-party collections tools; and Compliance Guard™, a proprietary compliance monitoring system. Peach was built by leaders from top fintechs like Affirm, Avant and Prosper, who set out to create the most configurable, robust, compliance-forward and future-proof lending platform in the market. Learn more at peachfinance.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220523005291/en/ |
