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

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

UK Regulator PSR Plans Cap on Cross-Border Card Fees to Protect Businesses

Subheading The Payment Systems Regulator (PSR) proposes a price cap...

Hong Kong Unveils Roadmap for Sustainability Reporting to Lead Global Green Finance

Subheading Hong Kong's new roadmap mandates ISSB Standards for sustainability...

Standard Chartered Partners with Paxos for Stablecoin Reserve Management

Subheading: Enhancing Reserve Management Efficiency with Stablecoin Innovations from Paxos Highlights: ...

GoAuto Partners with One Inc to Revolutionize Insurance Payments

Subheading: Streamlining Digital Payment Solutions for the Insurance Industry with...

Nuvei Introduces Google Pay to Transform LATAM Payment Landscape

Subheading Expanding Digital Payment Solutions Across Latin America with Google...

First Abu Dhabi Bank Partners with Broadridge to Build Global Agency Securities Finance Business

Subheading First Abu Dhabi Bank collaborates with Broadridge Financial Solutions...

Proxymity and Citi Launch Vote Connect Global to Enhance Proxy Voting Efficiency

Subheading Proxymity collaborates with Citi Securities Services to launch Vote...

Mid-Tier Banks Invest Heavily in Payment Modernization with Volante Technologies

Subheading Volante Technologies' latest report reveals significant investments by mid-tier...
Exit mobile version