MeridianLink

MeridianLink, Inc. is a cloud-based technology company that provides web-based solutions for the financial sector, particularly for banks, credit unions, mortgage lenders, and consumer reporting agencies. Founded in 1998 and headquartered in Costa Mesa, California, the company offers a range of products including XpressAccounts for account opening and funding transactions, LoansPQ for consumer loan management, CreditAPI for credit report access, and Mortgage Credit Link for consumer data verification. Additionally, MeridianLink provides consulting services through MLX, which delivers outsourced solutions and data management, as well as MLX Insight, a business intelligence tool designed for users of its platforms. The company aims to streamline loan decision-making and customer collection processes, catering primarily to the needs of financial institutions.

Chad Martin

CFO

6 past transactions

Openclose.com

Acquisition in 2022
Openclose.com is a provider of a residential lending and mortgage management platform that automates various business channels and workflows in the mortgage industry. The platform facilitates electronic loan applications and integrates credit data and mortgage insurance approval certificates, thereby streamlining the loan manufacturing process. By leveraging this technology, Openclose.com helps its clients reduce both the costs associated with loan production and the time required for processing and underwriting, enhancing overall operational efficiency.

StreetShares

Acquisition in 2022
StreetShares, Inc. is a technology company based in Reston, Virginia, that focuses on small business lending through its peer-to-peer marketplace. Founded in 2013, it provides a lending-as-a-service platform that enables community banks, credit unions, and other non-financial organizations to offer loans to small businesses efficiently. The company's platform supports a variety of lending products, including term loans and business bonds, facilitating a digital, omnichannel experience for both lenders and borrowers. With a commitment to streamlining the lending process, StreetShares features one-day underwriting, allowing financial institutions to connect with small business owners in a timely and hassle-free manner. The company has garnered recognition for its innovative approach and contributions to the field of small business banking.

StreetShares

Acquisition in 2022
StreetShares, Inc. is a technology company based in Reston, Virginia, that focuses on small business lending through its peer-to-peer marketplace. Founded in 2013, it provides a lending-as-a-service platform that enables community banks, credit unions, and other non-financial organizations to offer loans to small businesses efficiently. The company's platform supports a variety of lending products, including term loans and business bonds, facilitating a digital, omnichannel experience for both lenders and borrowers. With a commitment to streamlining the lending process, StreetShares features one-day underwriting, allowing financial institutions to connect with small business owners in a timely and hassle-free manner. The company has garnered recognition for its innovative approach and contributions to the field of small business banking.

Saylent

Acquisition in 2021
Saylent Technologies, Inc., established in 2006 and headquartered in Boston, Massachusetts, specializes in developing and delivering debit card portfolio management products and analytics software to financial institutions. The company offers three key solutions: Saylent Engage, an automated, machine learning-based tool that identifies revenue-driving opportunities; Saylent Reward, which analyzes customer financial activities to enable dynamic product offerings; and Saylent Explore, transforming transaction data into actionable behavioral insights and fraud detection. These solutions are available through a cloud platform and distribution partnerships with processors and core platform suppliers in the UK and internationally, serving banks, credit unions, and financial service providers.

Teledata Communications

Acquisition in 2020
Teledata Communications, Inc. is a provider of semi-customizable, web-based software offered as a software as a service (SaaS) primarily for loan origination and automated underwriting in the United States. Founded in 1982 and based in Islandia, New York, the company developed the first cloud-based SaaS loan origination solution tailored for the internet, revolutionizing the lending process by minimizing reliance on paper. Teledata's flagship product, DecisionLender, automates the origination of various consumer loans, including auto and retail loans, while its AI-based natural language rules engine utilizes machine learning to establish risk-based lending policies. The company also offers an integrated Online Lending Consumer Portal that allows consumers to submit loan applications via multiple devices. Teledata serves small to mid-sized lenders, including banks, credit unions, and finance companies, enabling them to streamline workflows, enhance compliance, and improve loan processing efficiency. As of November 2020, the company operates as a subsidiary of MeridianLink, Inc.
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