Case Study: Acorn Finance expands lender marketplace and boosts funding with Sigma Infosolutions

Acorn Finance expands lender marketplace with Sigma Infosolutions, funding over $7 million in loans

Acorn Finance, a pioneer in embedded lending marketplaces for home improvement financing, faced challenges with pandemic-induced market volatility which disrupted loan origination and decreased funding rates. They needed to diversify their lender base and expand product offerings to ensure growth and stability. They partnered with vendor Sigma Infosolutions to integrate a new lender marketplace.

Sigma Infosolutions integrated three new lenders and implemented innovative product offerings like home equity investment and 0% interest loans. This solution facilitated the funding of over $7 million in loans, curated over 3,000 offers for consumers, and expanded the marketplace by onboarding 22 new lenders, significantly enhancing the platform's competitiveness and resilience.

Acorn Finance