MeridianLink, a software provider, has acquired Credit Mountain, an AI-focused financial wellness platform.
MeridianLink said in a press release that the acquisition “marks the start of an era of accelerated technology investment” that will accelerate its strategy of helping financial institutions engage borrowers throughout the lending decision.
The price wasn’t disclosed.
“MeridianLink has long been a market leader in helping community financial institutions automate and orchestrate account opening and loan origination,” said Larry Katz, Chief Executive Officer of MeridianLink.
“Our customers’ mission extends well beyond originating loans,” Larry Katz, MeridianLink’s CEO, said in the release. “Through MeridianLink Pathway … we’re helping community financial institutions transform the loan decline experience.”