VersaBank partners with Financeit to roll out real-time structured receivable program

VersaBank

VersaBank

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  • VersaBank launched a real-time Structured Receivable Program with point-of-sale lender Financeit as the first large-scale partner.
  • Program is available to other current or prospective SRP partners in Canada and the U.S., expanding the bank’s addressable point-of-sale market.
  • Financeit expects the rollout to contribute immediately to its business; it is nearing $2 billion in annual loan originations.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VersaBank published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606290700PR_NEWS_USPR_____TO93759) on June 29, 2026, and is solely responsible for the information contained therein.

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