Cloudsquare, an end-to-end lending platform built natively on Salesforce, partnered with Actum Processing. By combining Cloudsquare’s lending platform with Actum’s payment infrastructure, alternative lenders are accelerating borrower payments, automating collections and operating more efficiently as they scale.
The partnership between Cloudsquare and Actum Processing addresses various lender challenges by embedding modern payment capabilities directly into the lending platform lenders use to manage deals and portfolios.
Through the integration, Cloudsquare customers can automate ACH payments, verify borrower bank accounts and initiate fund transfers directly within their lending workflows.
“Payments are at the center of every lending operation,” Jeffrey Morgenstein, CEO of Cloudsquare, said. “Our customers need payment infrastructure that moves as fast as their deal flow. By working with Actum Processing, we enable lenders to automate payments, accelerate fund transfers, and manage their portfolios with complete visibility inside the Cloudsquare platform.”
Vinny Lipari, president and co-founder of Actum Processing, added, “Our goal is to help our customers move money faster and operate more efficiently. Through our partnership with Cloudsquare, lenders can embed modern payment capabilities directly into their lending platform and automate the entire payment lifecycle.”
