Izola Bank Selects HPD Lendscape to Transform Factoring Technology

Izola Bank, a Maltese bank wholly-owned by Belgium-based Van Marcke Group, chose HPD Lendscape, a secured lending platform vendor, as the bank’s new technology partner to replace its legacy working capital technology.

The first stage of the migration, due to be delivered in early 2022, will feature the transition of Izola Bank’s domestic and international factoring business to the latest version of Lendscape, HPD Lendscape’s flagship solution.

As part of the migration, Izola Bank’s factoring services will be hosted by HPD Lendscape’s hosted managed services (HMS), helping to future-proof its IT infrastructure.

“We could not be more thrilled to have been chosen as the technology provider to support Izola Bank’s next phase of growth,” Claudia Perri, regional commercial director at HDP Lendscape, said. “This will enable the bank to further automate their factoring operations and engage their clients digitally.”

“HPD Lendscape is one of the world’s leading providers of secured finance technology,” Adrian Formosa, head of operations at Izola Bank, said. “We have selected HPD Lendscape following an international RFP with an extensive evaluation of various vendors and technological solutions.

“We place a great deal of emphasis on ensuring our customers enjoy best in class service and systems. This new platform supports these ambitions with advanced features that support their needs today and into the future. We are excited to have a partner with great industry experience and such a strong offering. We look forward to offering a more dynamic and personalized solutions set.”