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      /C O R R E C T I O N -- PowerPay/

      (PRNewsfoto/PowerPay)

      News provided by

      PowerPay

      Jun 02, 2026, 18:00 ET

      Share this article

      Share this article


      In the news release, PowerPay Wins Best Embedded Lending Solution at the 2026 FinTech Futures Banking Tech Awards USA, issued 02-Jun-2026 by PowerPay over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

      PowerPay Wins Best LendTech Solution at 2026 Banking Tech Awards USA

      The national fintech company is recognized for its AI-enhanced embedded point-of-sale (POS) financing platform, helping consumers navigate home improvements and patient financing in a challenging economic landscape.

      WAYNE, Pa., June 2, 2026 /PRNewswire/ -- PowerPay has won Best LendTech Solution in the Consumer Lending category at the 2026 Banking Tech Awards USA. Now in its fifth year, the Banking Tech Awards USA recognizes excellence and innovation across the banking and fintech sectors. 

      PowerPay's win highlights the company's commitment to modernizing credit infrastructure and promoting responsible lending. By providing instant decisioning and leveraging its AI-driven platform, PowerPay continues to champion liquidity, stability, and transparency.

      "We are incredibly honored to be recognized by FinTech Futures and to bring this award home," said Mike Petrakis, CEO of PowerPay. "In a heavily constrained economy where homeowners are feeling the squeeze of inflation and locked-in mortgage rates, accessing responsible capital for critical purchases has never been more important. This award is a testament to our team's dedication to building an embedded platform that truly protects the consumer while empowering merchants to grow their business."

      About PowerPay
      PowerPay is a leading financial technology company providing seamless point-of-sale (POS) financing solutions for the home improvement and patient financing industry. Through its proprietary AI-enhanced platform, PowerPay connects merchants, providers and consumers with frictionless, transparent, fixed-rate installment loans. By turning massive out-of-pocket expenses into manageable monthly payments, PowerPay helps homeowners fund necessary improvements responsibly while driving conversion and growth for contractors.

      Media Contact:
      Britni Ackrivo
      Gregory FCA for PowerPay
      [email protected] 

      Correction: The headline and first paragraph have been updated from an earlier version of this release. 

      SOURCE PowerPay

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