Intuit Executive Says Lending Nearly Reached $7 Billion in Fiscal 2026

Intuit’s lending chief said annual lending rose to almost $7 billion in fiscal 2026. Separately, Intuit purchased $6.2 billion in business-loan principal from its bank partner that year. Todd Denbo, Intuit’s senior vice president of lending and commercial leader of Money, discussed the business at Intuit Connect, held Oct. 26-28 in Las Vegas. He said annual lending had risen from about $400 million four years earlier. Denbo did not define the nearly $7 billion measure, so it cannot be directly compared with the loan-purchase total. Denbo pointed to visibility into businesses’ finances as part of Intuit’s lending approach.

Source: TokenPost