Join us on LinkedIn Follow us on Twitter Like us on Facebook
 
  OCTOBER RESEARCH STORE Already a subscriber? LOG IN
AddControlToContainer_DynamicNavigation4

Market Watch

Fifth Third completes acquisition

Add This Email A Friend Printer Friendly Version
0 comments
Market Watch
Monday, June 6, 2022

Fifth Third Bancorp recently completed its acquisition of Dividend Finance, a fintech point-of-sale (POS) lender. The acquisition provides financing solutions for residential renewable energy and sustainability-focused home improvement, Fifth Third Bancorp said in a release.

“The addition of Dividend Finance enhances the scale of our digital service capabilities through its tech-forward platform, provides customers and contractors with a best-in-class experience, and accelerates customer adoption of solar and sustainable home improvements, which are even more compelling given rising energy prices,” Fifth Third Bancorp President Tim Spence said in the release. “We expect to grow the Dividend platform significantly and further our ESG leadership position.”

Dividend Finance offers a range of loan products across multiple proprietary POS platforms and has built a one-stop solution that enables contractors to offer the best financing experience for their customers.

Dividend’s digital lending platform, according to the release, is designed for customizability, providing contractors with the tools to win new business and borrowers with a streamlined process for financing home improvement projects. In addition to a robust contractor network and a leading technology platform, Dividend has a national customer footprint focused on prime and super-prime borrowers.

“Fifth Third has continued to impress us with its serious commitments to financing the sustainable energy revolution, empowering its customers and its leadership in financial technology innovation,” Eric White, who joins Fifth Third as president of Dividend Finance, said. “The Dividend Finance organization is thrilled to be joining the Fifth Third family to advance our bold shared ambitions.”

Today's other top stories
Consultant shares appraisal matters at conference
Veteran appraiser offers advice when hiring a trainee
NAHB: Wavering builder confidence causing future economic problems
FHFA announces equitable housing finance plans for Fannie, Freddie
HUD awards house discrimination funding


COMMENT BOX DISCLAIMER:
October Research is not responsible for the comments posted on its websites by readers. We will do our best to remove comments that include profanity or personal attacks or other inappropriate comments.
Comments:

Be the first to leave a comment.

Leave your comment
CAPTCHA Validation
CAPTCHA
Code:
: 
: 
Your Email is for reporting purposes only. It will NOT be displayed.
Popularity:
This article has been viewed 575 times.
A Twitter List by ValuationReview

Print Edition - June 27, 2022

News by Topic   Special Reports   Webinars   Subscribe
Conference Coverage
Appraiser News
Commercial Corner
Legal News
Market Watch
Technology Corner
 
 
2022 State of the Industry
Voice of the Appraiser
Finding and Training the Next Generation
Appraisal Technology
Appraising in a New Environment
Green Appraisals
Archives
 
Move to ANSI Standards
Economic Forecast Series
Keys For Operational Efficiency
Complying with New DEI Regulations
Drones Do's and Don'ts
Archives
 
Subscriptions
Free Email Updates
Try a Free Edition
News by Edition   About        
May 16, 2022
May 30, 2022
June 13, 2022
June 27, 2022
Archives
 
Valuation Review
Contact / Editors
Social Media
Advertise
Are You An Expert?
Subscriber Agreement
       
Copyright © 2002-2022 Valuation Review
An October Research, LLC publication
3046 Brecksville Road, Suite D, Richfield, OH 44286
(330) 659-6101, All Rights Reserved
www.valuationreview.com | Privacy Policy
VISIT OUR OTHER WEBSITES
> The Legal Description
> RESPA News
> The Title Report
> Dodd Frank Update
> The October Store
Loading... Loading...
Featuring:
  • Delivery 3X a week plus breaking news as it happens
  • Comprehensive title insurance industry news
  • Recent acquisitions, mergers, real estate stats
  • Exclusive in-depth coverage of the industry's hottest stories
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Comprehensive Dodd-Frank coverage
  • The latest information from the CFPB
  • Full coverage of Congressional hearings
  • Updates on all agency actions
  • Analysis of controversial provisions
  • Release of newest studies and reports
Sign up today and...
  • Be one of the first to know where NS3 is being held
  • Learn about NS3 speakers and sessions
  • Save on registration with Super-Early Bird rates
  • Discover the networking opportunities NS3 offers
  • Find out if CE credits will be offered for your area
  • And much more
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Preview the latest RESPAnews.com Top Story
  • RESPA related headline news
  • Quote of the Week
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Legal, regulatory and legislative information impacting the settlement services industry
  • News from HUD, Congress, state legislatures and other regulatory agencies
  • Follow the lobbying efforts of all the major national real estate services organizations.
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • The industry's only full-time newsroom
  • Relevant, up-to-date appraisal industry news
  • Covering the hottest stories and industry trends
NEWS BY TOPIC
NEWS BY EDITION
SPECIAL REPORTS
WEBINARS
RESOURCES
FREE EMAIL UPDATES
ABOUT
SUBSCRIBE
Conference Coverage
Appraiser News
Commercial Corner
Legal News
Market Watch
Technology Corner
Sponsored Content
Current Edition
June 13, 2022
May 30, 2022
May 16, 2022
May 2, 2022
Archives
Best Practices
2022 State of the Industry
Voice of the Appraiser
Finding and Training the Next Gen
Real Estate Compliance Outlook
Appraisal Technology
Archives
Move to ANSI Standards
2022 Economic Forecast Series
Industry and Regulatory Outlook
Keys For Operational Efficiency
New DEI Regulations
Drones Do's and Don'ts
How to be an Expert Witness
How AVMs Can Work for You
Webinar Archives
Executive Interview Series
Social Media
Valuation Review
Contact Us
Advertise
Are You An Expert
Subscriber Agreement