Top ranking Fintech company brings 232 new jobs to Delaware by the end of 2023
FinTech is one of the fastest-growing, disruptive innovations in the country. Delaware’s bench strength in the business and finance sectors makes it an attractive choice for FinTech sector. During the past five years, employment in Delaware’s finance industry grew by an annual average of 2.4%, twice the national rate and much faster than neighboring states. Delaware has been a magnet for out-of-state direct investment by financial services firms in recent years, with $725 million invested since 2010. Wilmington is the leading destination in our region for this investment.
Marlette Funding, LLC, a Delaware-based FinTech that runs an online lending platform called Best Egg for a traditional bank lender, leverages technology to create a distinctive customer-centric focus delivering a faster, easier and more personalized experience. Its technology platform speeds and improves the customer experience, using machine learning and artificial intelligence to remove friction, reduce credit and fraud losses and create a hassle-free consumer experience. Users of the Best Egg loan platform can instantly view loan offers within seconds and with no impact to their credit score, and qualified applicants receive funds in as little as one business day.
Its user-friendly approach has resulted in being named the 2018 Consumer Choice award winner from Best Company. The company maintains an A+ Rating with the Better Business Bureau (BBB).
In a short time, Marlette Funding has developed a reputation for its commitment to a positive and creative employee culture, as reflected in its employee engagement score, which ranks in the top 10 percent of thousands of companies using OfficeVibe, a leading online employee engagement platform, across 90 countries and recognition in 2018 by the American Banker as one of the Top Fintech Places to Work
In November 2018, Delaware Prosperity Partnership awarded Marlette Funding a $2.73M grant for the creation of 232 new jobs in Delaware before the end of 2023. Currently, there are over 30 open positions. A full list can be found here.