Fiserv Lending Solutions will now be known as Sagent Lending Technologies
The loan origination and servicing business of financial services technology company Fiserv has rebranded after a private equity firm acquired a majority stake in the operation in February.
Fiserv Lending Solutions, the joint venture between Fiserv and Warburg Pincus, will now be known as Sagent Lending Technologies. Funds affiliated with Warburg Pincus acquired a 55% share of the business, while Fiserv retained a 45% interest in the business.
“With a refreshed brand identity that highlights our differentiated approach and a dedication to our clients, we are positioned to grow and take on any challenge,” Sagent CEO Bret Leech said. “Both lender needs and borrower expectations are evolving rapidly, so we are investing in our technology to keep our clients several steps ahead of their competition.”
According to the company, its new identity reflects its values and dedication to improving the lending experience for both lenders and borrowers. The name combines the two words sage, to refer to three decades of experience, and agent, to highlight its goal to act as an agent of change and growth within the lending industry.
With its new corporate identity, Sagent has also introduced the tagline "grow wisely."
