Sunday, December 15, 2024

Citi: Provide in-app lending with Grab

  • Citi and Grab expanded their partnership in consumer lending with the launch of the bank’s first API
  • Existing and eligible Citi credit card customers can apply for a personal installment loan (or Citi Quick Cash) through the Grab app via API
  • Qualified customers who meet Citi’s lending criteria seamlessly apply for a loan from Citi through the Grab app
  • Citi Quick Cash enables eligible customers to convert the available credit limits on their respective Citi credit cards
  • Currently, most of the Citi Quick Cash loan applications in Singapore already acquired digitally
  • With the API connectivity, eligible customers able to perform select actions on a partner’s digital e-commerce site or app

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