LenderLive Holdings, a solutions, insight and technology provider for financial services, has rebranded to Covius Holdings.
The company operates across a number of subsidiaries to provide technology solutions to the financial industry. Some of its offerings include document management, regulatory compliance, commercial and residential loan due diligence, settlement services, business process automation and lien release tracking.
LenderLive Holdings operates through its LenderLive Services and Require Holdings subsidiaries. The company acquired the mortgage loan underwriting and due diligence developer reQuire from L2 Capital Partners, earlier in the year.
Following this change, the company’s private-label mortgage fulfilment service LenderLive Network will keep its name. Covius is actually in the process of selling this subsidiary to mortgage servicing startup Computershare Loan Services.
Covius chairman and CEO Rob Clements said, “With the pending sale of our Network Division, we chose a new brand – Covius – that reflects our new strategic direction.
“In the past year, John Surface and I have refocused the company’s strategy on the services, information solutions and technology that leading financial companies depend on to thrive in a highly competitive, highly regulated environment. Covius has been the name of our established SaaS development platform. It speaks to what we have built to date and points to the future state that we are working toward.”
Earlier in the week, StrongAuth rebranded to StrongKey after completing its Series A funding round on $10m. The California-based company aims to bring new levels of capability and data security at a price point significantly lower than other solutions on the market.
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