Credit Sesame, the California-based credit and loan finder, has chosen payments solution provider i2c Inc. to power its digital banking service, Sesame Cash.
Sesame Cash, launched in March this year, uses the insights it has gathered on users’ banking habits to promote healthy credit behaviours and good cash management.
Silicon Valley-headquartered i2c Inc. offers payment solutions based around credit, debit, prepaid and lending. Sesame Cash will use i2c’s platform to set and control all its card, banking and payments programmes.
The fintech wants to offer a smart bill pay service, savings round-up of transactions to save or pay down debt, reward programmes and credit-building features.
Other features will include early paydays, direct deposits, the ability to freeze or unfreeze the debit card in-app, and virtual card integration with “most major mobile wallets”, the fintech has said.
Founded in 2010, Credit Sesame claims to monitor more than $35 billion in loans. Its business model gives its members free access to credit score monitoring, credit reports, and identity protection tools, as well as recommendations regarding a variety of loan types.
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Credit Sesame, the California-based credit and loan finder, has chosen payments solution provider i2c to power its digital banking service, Sesame Cash.
