The company celebrates executive team growth, increased lending opportunities, and local recognition for continued innovation in 2024
Momnt, a leading fintech company specializing in real-time lending and payment solutions, celebrates another successful year of business growth and deepened relationships with partners and merchants.
Notably, in 2024, Momnt named Chris Bracken, promoted from Chief Revenue Officer, as the company’s new CEO. Since Bracken’s appointment to CEO, he, along with the co-founders Lena McDearmid, COO, and Brian Lanehart, President/CTO, has led the team through continued excellence in serving home improvement and healthcare merchants’ needs while strengthening relationships with partners and lenders. Specifically, in 2024, Momnt:
“As volatile macroeconomic conditions continue to evolve, so does Momnt,” said Bracken. “In 2024, we found the opportunity to refine how we partner with our lenders and merchants to support each party’s success. This year, we’re continuing to build these relationships, further develop our platform’s backend technology, and identify new growth areas to ensure our stakeholders’ needs are met.”
Supplementing Momnt’s business successes in 2024, the company was also recognized for its achievements, including:
The evolution of the lending market has uniquely positioned Momnt to lead the shift toward embedded finance. Today, Momnt reaches more than 50,000 consumers through over 3,000 merchants across the majority of the United States. The company will continue to seek strategic growth opportunities to expand its ability to provide simple, accessible, and secure lending to consumers in the moment of need.