Wells Fargo & Company

09/30/2024 | Press release | Distributed by Public on 09/30/2024 12:47

Wells Fargo expands relationship with ServiceTitan

Wells Fargo Retail Services financing is now available to residential contractors on the ServiceTitan platform

NEW YORK - Wells Fargo (NYSE: WFC) and ServiceTitan, a software platform built to power the trades, are expanding their relationship to all Wells Fargo Retail Services home improvement and outdoor solutions merchants. This integration allows contractors to offer their customers a simplified application and financing solution with Wells Fargo within the ServiceTitan platform.

"Our priority is to provide our merchants with a seamless customer experience when offering Wells Fargo financing," said Emily Chin, head of Wells Fargo Personal Lending Business Growth Strategy. "We've heard great feedback from our merchants who are already using the ServiceTitan platform and are pleased to bring this elevated sales opportunity to all our dealers and their customers. We look forward to continuing to partner with ServiceTitan to find additional ways to enhance the sales and financing experience in the near future."

ServiceTitan's robust cloud-based software provides contractors with an integrated suite of solutions to manage and grow their business, and create an easy application and financing process for their customers. Wells Fargo is actively communicating this new option to all interested merchants, primarily within HVAC, plumbing, electrical, windows and traditional home improvement services.

"ServiceTitan is on a mission to improve the lives of our customers by empowering them with the tools and technology they need to run and grow their businesses," said Connor Theilmann, Chief Business Officer of ServiceTitan. "We are thrilled to be expanding our long-standing relationship with Wells Fargo to offer contractors a simple and easy financing solution for their customers. This new integration will not only help businesses provide more accessible options to homeowners, but also drive greater efficiency and growth. Together, ServiceTitan and Wells Fargo are making it easier for those in the trades to succeed in today's competitive markets."

Wells Fargo is a leader in providing financial options within the home improvement and outdoor solutions sector and currently offers ServiceTitan to a small group of merchants. This expansion brings the power of the ServiceTitan platform to more merchants and is another step forward in advancing the business.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune's 2024 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com

LinkedIn: https://www.linkedin.com/company/wellsfargo

About ServiceTitan

ServiceTitan is a cloud-based software platform built to power trades businesses. The company's end-to-end solution gives contractors the tools they need to run and grow their business, manage their back office, and provide a stellar customer experience. By bringing an integrated SaaS platform to an industry historically underserved by technology, ServiceTitan is equipping tradespeople with the technology they need to keep the world running. ServiceTitan is backed by world-class investors including Battery Ventures, Bessemer Venture Partners, Coatue, CPP Investments, Dragoneer Investment Group, Durable Capital Partners LP, Generation Investment Management, ICONIQ Growth, Index Ventures, Sequoia Capital, Thoma Bravo, TPG, and T. Rowe Price.

Contact Information

Media

Allison Chin-Leong
[email protected]
646-457-8266

Max Wertheimer
[email protected]