Fundation
Fundation, now part of Quantum Financial Technologies, offers Private Label Origination, Purchase Financing, and Embedded Credit solutions through their Unified API suite, partnering with financial institutions to support small and medium-sized businesses.
Services Offered by Fundation
Fundation provides a diverse range of services focused on empowering small and medium-sized businesses through advanced financial solutions. These services include Private Label Origination, Purchase Financing, and Embedded Credit solutions delivered via their Unified API suite. Fundation partners with financial institutions to deliver customized financing solutions, and their products are designed to modernize the credit process. Additionally, Fundation offers a platform called Kinnek for supplier sales enablement, which includes tools for managing online presence, product catalogs, and customer communication.
Fundation's Unique Solutions
Fundation is known for its comprehensive financing solutions tailored to the needs of small and medium-sized businesses. Their Private Label Origination service assists financial institutions in modernizing the origination process and improving cost efficiency. The Purchase Financing solution provides businesses the option to offer flexible monthly payment plans to their clients. Fundation's Embedded Credit solution allows companies to integrate credit products into their platforms seamlessly, maintaining control over customer experience. Their Unified API suite ensures a streamlined credit access process.
Partnerships and Collaborations
Fundation collaborates with a range of financial institutions to offer personalized financing solutions for small and medium-sized businesses. These partnerships are pivotal in achieving their mission to bolster the small business economy by empowering essential institutions like banks, B2B vendors, and suppliers. Fundation's technology and analytic capabilities support these institutions in modernizing the credit process, making it more efficient and effective. Fundation has also joined the Visa Fast Track Program, enhancing their collaborative initiatives.
Awards and Recognition for Fundation
Fundation has received industry recognition for its innovative financial solutions and contributions to the small business economy. Some notable accolades include being awarded 'Best Working Capital Loan' by Business News Daily and '2018 Best of FinXTech' by BankDirector magazine. In 2020, Fundation was ranked No. 1398 on the Inc. 5000 list, further establishing their position as a leading financial technology company. These awards underscore their commitment to providing top-tier financial products and services.
Fundation's Management Team
Fundation's management team brings extensive expertise in various key areas including credit risk management, data analytics, structured finance, loan originations, loan servicing, and collections/recoveries. This deep-rooted knowledge underscores the company's ability to create effective and reliable financial solutions tailored to the needs of small and medium-sized businesses. Their expert leadership has been instrumental in driving Fundation's success and innovation in the financial technology sector.