Connect with members of the LSBX team - Abraham Rojo Joseph, Reid Whiting, and Mike McCrary at Money 20/20 later this October! If you're attending, meet up with our team to talk fintech, innovation, and what's next. #Money2020 #BaaS #Fintech #LSBX
LSBX
Financial Services
Waterloo, Iowa 244 followers
Enabling Fintechs and other businesses to offer secure banking products backed by Lincoln Savings Bank. Member FDIC.
About us
Building strong local communities has been and continues to be a core principle since our founding in 1902. Today we empower much broader, digitally-connected communities by enabling Fintechs and other businesses to offer secure banking products backed by Lincoln Savings Bank. Member FDIC
- Website
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https://www.lsbx.com/
External link for LSBX
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Waterloo, Iowa
- Type
- Privately Held
- Founded
- 1902
- Specialties
- Banking as a Service, BaaS, Fintech Partner, Financial Services, Embedded Finance, and Embedded Banking
Locations
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Primary
Get directions
360 Westfield Ave
Waterloo, Iowa 50701, US
Employees at LSBX
Updates
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Big News Alert! 🎉 We’re thrilled to announce that we have been named a Finalist for the Finovate Award – Best Fintech Partnership – alongside our amazing partner, Qapital! This recognition celebrates the power of collaboration and innovation in Banking as a Service as a sponsor bank, and we couldn’t be prouder to be part of this journey. Huge congratulations to all the finalists! 👏 We can’t wait to see who takes home the win on September 9th at FinovateFall. #FinovateAwards #BaaS #Fintech #Innovation #Partnership
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Big news from our LSBX partner Wix! Two powerful new tools—Wix Checking and Wix Capital—are here to help small businesses take control of their finances and fuel growth. From real-time revenue tracking to flexible funding, this is a game-changer for entrepreneurs. LSBX continues to be a trusted leader in the fintech space, driving innovation that simplifies financial operations and empowers growth, and is proud to partner with Wix and Unit. 💼💡 🔗 Check out the full announcement: https://lnkd.in/eSw4Rexs
Fintech & Payments Leader | Driving Growth Through Embedded Finance & Strategic Partnerships | Ex-Visa
Today, we’re thrilled to announce the launch of two innovative products that significantly elevate the value we deliver to Wix customers. Wix Checking is a seamless, embedded business bank account that empowers customers with real-time access to their sales. It enables customers to track incoming revenue and outgoing expenses side by side, facilitating faster, data-driven decisions. By connecting seamlessly with Wix Payments, Wix Checking simplifies financial tracking, saving time and reducing errors. We’re grateful to our exceptional partners, Unit and Lincoln Savings Bank, for helping us bring this solution to life. Wix Capital, our Merchant Cash Advance (MCA) service, is designed to bridge cash flow gaps and fuel business growth. Small businesses often face hurdles securing funding from traditional banks due to lengthy approval processes or stringent requirements. Wix Capital offers a faster, more accessible solution, allowing users to request a cash advance with a fixed fee and a percentage of future sales. This provides flexible funding for critical needs like inventory, payroll, or operational expenses. Our vision is to empower Wix customers to unlock their full financial potential. With these new offerings, we’re just getting started. https://lnkd.in/gEmSX5Nm
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Please join us in welcoming Reid Whiting as the new EVP, Managing Director/President of LSBX at Lincoln Savings Bank. Reid brings two decades of experience in financial services, with a strong background in investment and community banking. His leadership spans retail banking, risk management, regulatory affairs, treasury, and embedded finance—making him well-positioned to lead LSBX into its next chapter. He holds an MBA from NYU’s Stern School of Business and dual bachelor’s degrees in Economics and Public Relations from Syracuse University’s Maxwell School of Citizenship & Public Affairs and S.I. Newhouse School of Public Communications. We look forward to the impact Reid will make as we continue to grow and innovate through LSBX. 🔗 Learn more about LSBX: LSBX.com #Leadership #Fintech #EmbeddedFinance #LincolnSavingsBank #LSBX #Welcome
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