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Acculynk Announces Strategic Partnership with LendUp

Acculynk’s unique payment solution will enable LendUp customers to process payments and disburse funds in real-time


Atlanta, GA, April 16, 2015 — Acculynk, a unique technology driven payment solutions provider, announced today that it has partnered with LendUp, a San Francisco based next generation financial technology company. With Acculynk’s powerful payment platform and LendUp’s instant decision engine, mobile devices can become a virtual “mobile bank”. Acculynk will work with LendUp to support its mission of providing credit building opportunities to consumers across the country who do not have access to traditional credit facilities.

Acculynk’s gateway provides us with the technology we need to provide the best possible experience to our customers,” explained LendUp CEO Sasha Orloff. “We are extremely focused on providing convenient access to safe credit – that means anytime, anywhere, and not depending on brick-and-mortar branches being open. With the partnership of Acculynk, we can achieve this goal for our consumers, right from their smart phone. It is truly revolutionary in consumer lending.”

“As a company, we realize there are a number of financial disruptors in the marketplace today like LendUp and in order to help them achieve their goals, we need to build a payments product that can ensure both a frictionless customer experience while being mindful of the costs associated with payment processing,” says Nandan Sheth, President and COO of Acculynk. “With our unique Internet PIN Debit and PINless payment processing and direct debit disbursement, as well as traditional merchant processing, we are the complete end-to-end solution.”

The payments landscape is rapidly changing and Acculynk’s unique payment gateway sets itself apart by leveraging its connections to the EFT networks to provide merchants with the payment technology to take their business to the next level as they continue to scale up.

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