Source: Benzinga

CoBank: Lamina Announces Strategic Collaboration with CoBank to Streamline Multi-Lender Transactions Across the Financial Industry

CHICAGO, April 2, 2025 /PRNewswire/ -- Lamina today announced a strategic collaboration with CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, to streamline their multi-lender loan lifecycle with an automated platform. The collaboration leverages Lamina's innovative API-first and AI-enabled technology with CoBank's expertise in multi-lender transactions to transform the way financial institutions can manage syndicated and participation loans-offering increased speed, transparency, and efficiency across the entire loan lifecycle. CoBank will leverage the platform in its mission to serve rural America, enhancing interoperability within the Farm Credit System and with other lending institutions nationwide.Lamina is redefining how financial institutions collaborate on deal sharing, underwriting, and servicing by building a next-generation platform that enhances connectivity and efficiency across enterprise banks, regional banks, and financial service providers. Our evolving solution is designed to facilitate seamless data exchange, expand network participation, and optimize commitment and allocation workflows. By leveraging advanced integrations with CRM, LOS, and servicing systems, Lamina is shaping a more intelligent, automated ecosystem that minimizes friction in loan origination and servicing through dynamic workflows, real-time data intelligence, and streamlined reconciliation."We are excited to collaborate with CoBank, a ...Full story available on Benzinga.com

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Thomas Halverson's photo - President & CEO of CoBank

President & CEO

Thomas Halverson

CEO Approval Rating

83/100

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