Bancorp Bank Joins Envestnet Credit Exchange, Providing Access to Automated Securities-Backed Loan Issuance


CHICAGO, 25 Aug 2020 / PRNewswire / – Envestnet, Inc. (NYSE: ENV) announces that The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. (NASDAQ: TBBK), has joined the list of lenders on the Investnet Credit Exchange, providing financial advisers with transparent access to lines of credit backed by securities.

“We continue to add selected and highly qualified lenders to Envestnet Credit Exchange to enrich the suite of credit solutions that allow advisors to help clients manage both sides of the balance sheet,” said Jean Yackel, head of strategic initiatives at Envestnet. “Bancorp’s asset-backed lending product gives advisors and their clients broader options to make financial well-being a reality for more clients.”

Registered Investment Advisers (RIAs) and businesses have access to The Bancorp’s equity-backed lending product through Envestnet Credit Exchange, including pre-qualified lending opportunities to present to their clients. Bancorp simplifies and then speeds up loan approval thanks to its Taleaâ„¢ platform, which automates the approval process, streamlines application documents and saves time on approval and funding. For more information, visit

“Talea enables the speed and simplicity of lending for our Asset Backed Line of Credit (SBLOC) product, giving advisors and businesses the confidence to share trusted client relationships with The Bancorp. “, said Jean Leto, Executive Vice President and Head of Institutional Banking Services at The Bancorp. “We are delighted to be working with Envestnet and Envestnet Credit Exchange to bring the benefits of Talea to more advisors and investors across the country.”

The Investnet Credit Exchange, powered by the Advisor Credit Exchange (ACx) and launched last year, is available through the sponsor and advisor portals of the Envestnet platform. The Credit Exchange generates a data-based selection of prequalified loan opportunities for clients, along with full price and term details for each potential loan.

The Investnet Advisor Summit On-Demand ( features video content demonstrating and discussing in more detail the Envestnet Credit Exchange.

“Advisors can confidently communicate with clients on relevant loan opportunities and demonstrate greater value to clients, when leveraging actionable insights from the Envestnet credit exchange,” said Pierre Stanton, CEO of Advisor Credit Exchange. “Expanding our line of respected lenders enables advisors to help manage credit for clients as part of a unified advisory offering, while mitigating risk and increasing transparency.”

About Investnet

Envestnet, Inc. (NYSE: ENV) is transforming the way financial and wellness advice is delivered. Our mission is to empower financial advisers and service providers with innovative technologies, solutions and information to make financial wellness a reality for all. More than 103,000 advisors in more than 4,900 companies, including 16 of the 20 largest American banks, 46 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs and hundreds of FinTech companies, leverage the Envestnet platform to develop their business and customer relationships.

For more information on Envestnet, please visit, subscribe to our blog and follow us on Twitter (@ENVintel) and LinkedIn.

Envestnet, Inc. has a financial interest and serves on the board of directors in Advisor Credit Exchange (“ACE”). ACE provides access to lending solutions for advisors and their clients through the Envestnet platform through EAM’s subsidiary, Envestnet Financial Technologies.

This press release should not be construed as a recommendation or endorsement of any particular product, service or company. No loan decisions are made by Envestnet and all loan financing and administration is carried out by separate, unaffiliated financial institutions.

About Advisor Credit Exchange, LLC

The Advisor Credit Exchange (ACx) is a technology-enabled network that brings together lenders and wealth managers, enabling investment firms and advisors to deliver financing solutions to build their clients’ net worth and achieve their financial goals. By integrating liability management with asset management and protection solutions, ACx has created new opportunities for advisors to help clients achieve financial well-being.

For more information on Advisor Credit Exchange, please visit

About Bancorp

The Bancorp, Inc. (NASDAQ: TBBK) is dedicated to serving the unique needs of non-bank financial services companies, ranging from entrepreneurial start-ups to Fortune 500. The company’s subsidiary, The Bancorp Bank (FDIC member, Equal Housing Lender), has been repeatedly recognized in the payments industry as the leading prepaid card issuer (US), a leading sponsor bank and a major initiator of ACH. Specialized lending accolades include SBA National Preferred Lender, one of the leading providers of asset-backed lines of credit and one of the few bank-owned commercial vehicle leasing groups in the country. For more information, please visit

Media relations

Dana taormina
JConnelly for Envestnet
[email protected]

Rachel weiss, vice-president responsible for communications
La Bancorp, Inc.
[email protected]

Investor Relations

Andrés Viroslav, director of investor relations
La Bancorp, Inc.
[email protected]

SOURCE Envestnet, Inc.

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