StockWatch
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Commercial Banks
Business UpdateJul 23, 2026, 07:11 AM

VersaBank welcomes Moe Danis to drive Real-Time SRP growth

AI Summary

VersaBank announced that financing industry veteran Moe Danis, CFA, has rejoined its Structured Receivable Program (SRP) team. His role will be to support business development for the Bank's Real-Time SRP, with a particular focus on large-partner opportunities in the U.S. market. Danis, who previously worked at VersaBank from 2010 to 2016, brings nearly five decades of experience to help capitalize on the increased demand for the recently launched Real-Time SRP.

Key Highlights

  • Moe Danis, CFA, rejoined VersaBank's Structured Receivable Program (SRP) team.
  • He will support business development for the Real-Time SRP, focusing on the U.S. market.
  • Danis previously worked at VersaBank from 2010 to 2016, integral to SRP's early development.
  • He brings nearly five decades of experience in banking, lease, and finance industries.
  • The Real-Time SRP, a funding solution for point-of-sale finance companies, launched in the U.S. in August 2024.
  • VersaBank anticipates significant growth and increased demand for its Real-Time SRP.