Three Equiniti solutions have become one to power the launch of a new consumer and commercial lendtech platform.
Lenvi is a new consumer and commercial lending platform, supporting loan and risk management software, mortgage and loan servicing, standby and know-your-customer (KYC) servicing.
As part of the London-based financial services company Equiniti, the newly-founded company combines its EQ Credit Services, EQ Riskfactor and EQ KYC solutions.
CEO Richard Carter, founder of Nostrum Group, which Equiniti acquired in 2017, and Tom Martin of Everyday Loans, who joins as CTO, will spearhead the new leadership team.
Other appointments include Andrea Tanner to head of customer success, Julia Craven to head of legal and Cassie Stephenson to chief operating officer.
This team adds to a 320-strong workforce with a client portfolio including Santander, Barclays, Metro Bank and Admiral. Its work also includes a five-year contract with Homes England for management of the equity loan administration and servicing of the help-to-buy scheme.
Lenvi is marking its launch with a new cloud-native loan management platform that uses an augmentation layer and configurable technology so clients can make changes in-platform, Kubernetes for scaling faster and containerisation for faster deployment.
‘Fairer for all’
“Lenvi is built upon…expertise and insight gained from years of discovery, but with the autonomy and nimbleness to deliver start-up ingenuity,” Carter comments.
“The launch of our new loan management software, which will put platform power directly into the hands of our clients, is just the start of what’s possible when you have a team whose sole focus is on how to make the borrowing process easier and fairer for all,” he continues.
“We have big ambitions to help our customers revolutionise lending. Our journey, as Lenvi, may only be beginning – but what a foundation to start from.”
The company has confirmed its attendance at this year’s Finovate Europe in London this month, where it will reveal its newest loan management platform, PF1.
