Pitney Bowes and Genpact Partner to Leverage Digital Technology

Wheeler Financial™ from Pitney Bowes Launched to Provide Equipment Financing to Small and Medium Businesses

Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, finance, and data, today announced a partnership with Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation. This innovative partnership allows Pitney Bowes to leverage a best-in-class digital technology platform to expand its lending capabilities.

Through Genpact’s business-process-as-a-service (BPaaS) capability, one of the first of its kind in the equipment finance market, Pitney Bowes’ will offer its clients a unique, state of the art equipment finance platform. This managed services operating model will allow Wheeler Financial, which Pitney Bowes launched today, to scale quickly and meet market and customer needs in a flexible and agile manner. Wheeler Financial will help clients purchase new equipment and services critical to the industries in which they operate with loans, leases, and other financial structures.

“Pitney Bowes has the reach, distribution, and capital to continue to invest in the needs of our clients,” said Marc B. Lautenbach, President and Chief Executive Officer, Pitney Bowes. “Our partnership with Genpact gives us a digital technology platform and innovative business model to deliver a cost efficient, seamless customer experience. We are…