Digital Banking

Fifth Third inks acquisition of Dividend Finance

May 23, 2022

Fifth Third Bancorp has officially acquired Dividend Finance, a fintech point-of-sale lender that offers a variety of digital loan products for residential renewable energy and sustainability-focused home improvement, according to a press release.

"The addition of Dividend Finance enhances the scale of our digital service capabilities through its tech-forward platform, provides customers and contractors with a best-in-class experience, and accelerates customer adoption of solar and sustainable home improvements, which are even more compelling given rising energy prices," Tim Spence, president of Fifth Third Bancorp, said in the release. "We expect to grow the Dividend platform significantly and further our ESG leadership position."