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Pungle, Canada’s real-time payments provider, joins Canadian Lenders Association Membership.

Pungle is happy to join the Canadian Lenders Association (CLA) Membership and looks forward to being able to contribute payments insights and expertise to this important membership.  Pungle can help innovative lenders with solutions for real-time disbursement of loan proceeds, digital collections, and business to business supplier payments.

Pungle, a Canadian company, helps companies optimize cash flow with real-time payments. 

Pungle supports Business-to-Consumer payments, Business-to-Business payments, and Peer-to-Peer payments in real-time.

The CLA’s lending membership provide credit to small, medium and enterprise businesses and consumers with their innovative models and industry leadership.

“We are very excited to get engaged with the Canadian Lenders Association and its members.  We believe in the exciting innovation happening in this industry. We see great opportunity as our goal is aligned with the CLA membership and our ability to provide lenders and borrowers with real-time payments and collections options to improve cash flow and growth.”

– Paul Birkness, CEO Pungle

 

The CLA was established to provide a platform for businesses involved directly or indirectly in the provision of financial services, and principally the provision and supply of credit to certain segments in the marketplace that are of higher risk and that can be served through the use of technology in decision-making. The CLA’s members provide services to the prime and non-prime markets for SMEs and individuals. The CLA supports lenders that are seeking access-to-capital to markets not served by traditional, incumbent lenders through legacy underwriting practices.

 

“The CLA is excited to partner with Pungle, to bring the best in Canadian fintech and real-time payments to our members. Pungle is committed to excellence in payments for entrepreneurs, investors, and lenders through the use of real-time payment technology.”

– Gary Schwartz, the President of the CLA

 

ABOUT PUNGLE

Pungle, is a Toronto based fintech company providing real-time payment solutions that deliver enhanced cash flow for businesses and increases operational efficiencies.  Pungle provides a simple solution to a complex web of financial technologies to deliver business payments in as little as 3 seconds. Pungle is the fintech for fintechs. www.pungle.ca

ABOUT CANADIAN LENDERS ASSOCIATION

The CLA currently has 50-member companies which are collectively focused on fostering an environment of competition and innovation in Canadian lending. We’re excited to be working in tandem with the CLA to champion initiatives that promote transparent and responsible business practices.  http://www.cla-apc.org/

Questions about this press release, partnerships or sales, contact; Patrick McGuire, patrick@pungle.ca

Toll-free: (855) 561-4616
Local: (416) 250-8286

Learn more about Pungle real-time payments https://pungle.ca/learnmore/

 

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