Less than 1 min.Read

BBVA USA: Offers bank-branded version of Prosper’s digital HELOC platform

November 13, 2020

In the U.S., BBVA a Sunbelt-based financial institution that operates 637 branches, including 328 in Texas, 88 in Alabama, 63 in Arizona, 61 in California
The announcement comes a year after the two first announced collaboration to build HELOC digital solutionBBVA USA
Prosper’s digital HELOC platform, which developed to simplify the process of applying for and obtaining a HELOC
Early results already indicate that the digital solution is helping BBVA close HELOCs 14 days faster on average
This partnership well aligned with the core of our strategy, which aims to meet rapidly evolving customer expectations
Prosper powered HELOC application launched in early September a significant improvement in the number of customers