Zventus launches FinTech-in-a-Box to help banks and lenders compete with Fintechs
Zventus, a global business services provider, today announces the launch of FinTech-in-a-Box, a unique consumer lending solution that helps legacy lenders compete with newer and more nimble FinTech companies.
LOS ANGELES, 2 December 2022 /PRNewswire-PRWeb/ — Zventus, a global business services provider, today announces the launch of FinTech-in-a-Box, a unique consumer lending solution that helps legacy lenders compete with newer and more nimble FinTech companies.
Designed and powered by consumer lending experts for lenders of all types, Zventus’ new full-service FinTech-in-a-Box solution allows lenders to leverage all the features necessary for a FinTech transformation. As a result, businesses can simplify lending processes, improve the borrower experience and take advantage of new cost efficiencies and technologies.
“With so many challenges in today’s market, lender transformation is essential,” said Angel Alban, president of Zventus. “Our Fintech-in-a-Box solution makes this transformation much more manageable, providing access to specialist skills that will drive innovation and growth in the mortgage and lending sectors.”
FinTech-in-a-Box is the first end-to-end lending solution that spans all aspects of the lending spectrum, from origination to servicing. As a result, companies can choose the capabilities they need to adapt to new markets, expand their products and services, find the best talent, invest in the right technology, or execute mergers and acquisitions.
“If lenders want to offer new channels and services in different states, we can help them process, underwrite and sell loans in new locations to test the market,” said Marvin Bantugan, Chief Technology Officer at Zventus. “FinTech-in-a-Box supports lenders interested in entering new markets by eliminating the costs of infrastructure, technology, people and processes, providing all the capabilities they need in these areas wrapped into one box.”
Through strategic partnerships, this unique and innovative Fintech-in-a-Box solution is licensed by the Nationwide Multistate Licensing System (NMLS) in all 50 US states. This national solution provides increased efficiency and increased consumer protection to the industry.
“We designed FinTech-in-a-Box to address rising interest rates, low production volumes, declining loan profitability, increased digital lending competition, high start-up costs and demand for customer-facing digital services,” said James Hendrick, CEO of Zventus. “Our 50-state solution reinforces our commitment to solving modern challenges for our partners.”
For the first time in the financial industry, lenders can utilize the full capabilities of a bank and a FinTech company through one partner. Together with a management team with over 90 years of experience in consumer finance, FinTech-in-a-Box represents a timely opportunity for legacy lenders to meet new FinTech players in a challenging market.
About Zventus
With headquarters in Los Angeles, California, Zventus is a global services company that helps organizations improve and grow strategy, operations and technology. A leading provider of consultancy, strategic staffing solutions, technology solutions such as blockchain, AI and RPA, and outsourcing services. Since its inception in 2016, Zventus has become the largest Latin American-owned BPO and technology outsourcing provider in the United Stateswith operations in America, Europeand Asia.
Media contact
Marvin BantuganZventus, 310-422-7963, [email protected]
Zventus, Zventus, 1 (877) 834-9745, [email protected]
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