LendingTree App Launches Connected Bank Accounts, New Features for Consolidated Money Management
LendingTree App Launches Connected Bank Accounts, New Features for Consolidated Money Management |
[29-September-2020] |
CHARLOTTE, N.C., Sept. 29, 2020 /PRNewswire/ -- LendingTree®, the nation's leading online loan marketplace, today announced the launch of a series of new features for My LendingTree users to help consumers better manage their financial lives. The LendingTree app can now connect directly with consumers' checking and savings accounts in addition to credit cards and loans, giving users a more comprehensive overview of their financial profile. Powered by Plaid, a data network powering the fintech tools that millions of people rely on to improve their financial lives, My LendingTree users can connect their bank accounts from over 11,000 financial institutions. By integrating checking and savings account information, My LendingTree will provide a comprehensive overview of budgets, spending habits, transaction history and cash flow analysis in the same place users can check credit scores, savings recommmendations and identity monitoring updates. This new feature consolidates the most important financial information in one place, so consumers don't need to use multiple services or apps to get a gauge on their financial health. "Fintech is helping to make money easier, which often begins with understanding your financial situation and the options available to you," said Eric Sager, COO of Plaid. "MyLendingTree now makes it easy to securely link your financial accounts through Plaid, including loans and other debts, and get a comprehensive view of your finances to help you improve your money management." New My LendingTree Features:
"We're thrilled to offer consumers even more tools to give them greater control of their finances," said Sushil Sharma, Chief Product Officer at LendingTree. "By integrating checking and savings accounts, LendingTree is empowering consumers with a deeper understanding of their financial lives so that they can make smarter financial decisions in the future." Visit www.MyLendingTree.com to sign up for the free, comprehensive financial dashboard. About LendingTree MEDIA CONTACT: View original content to download multimedia:http://www.prnewswire.com/news-releases/lendingtree-app-launches-connected-bank-accounts-new-features-for-consolidated-money-management-301140006.html SOURCE LendingTree.com | ||
Company Codes: NASDAQ-NMS:TREE |
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