ORANGE, Calif.--(BUSINESS WIRE)--Kuber Financial, LLC a leading provider of premier technology, data and analytics across the consumer and small business lending lifecycle, announced today that it has acquired Mobilend, Inc., a first-of-its-kind mobile SaaS lending platform.
Mobilend, Inc.’s origination platform brings the consumer origination processes into an immersive mobile experience: it improves workflow, reduces cost and supports compliance with today’s highly regulated lending environment. Kuber Financial, LLC will integrate Mobilend, Inc.’s mobile SaaS lending platform to its existing technology to offer a seamless customer-centric experience for millions of tech-enabled consumers.
"This is an exciting step for Kuber Financial, LLC to have the opportunity to acquire a ground-breaking lending platform that’s truly mobile. It will be a win for millions of tech-forward consumers," said Kuber Financial, LLC’s Founder and CEO Timothy Li. "Over the past decade, I’ve worked on numerous pieces of consumer lending technology and platforms, Mobilend Inc.’s Mobile SaaS platform is ground-breaking."
"Integrating the strengths and experience of Kuber Financial, LLC and Mobilend, Inc. will give customers an even greater access to lending products right at the tip of their finger, and will significantly expand Kuber Financial LLC’s opportunities to provide a great customer experience on every device," said Timothy Li. "We believe this combination will continue to drive our core belief that building a customer-centric lending experience is key to our success and will positively impact the lending industry to continue to adopt mobile technology."
"We are excited to become part of Kuber Financial, LLC, a company that will bring a new standard of lending experience for the masses," said Justin D’Ambra, Co-Founder and CEO of Mobilend, Inc. "I am confident both Mobilend, Inc. and Kuber Financial will benefit from the combination of our powerful technologies and mutual commitment to deliver an innovative and seamless experience to consumers worldwide."
“I am excited to continue the journey as a technical advisor to Kuber Financial, LLC. It would be a pleasure to see Mobilend, Inc.’s product grow under a new leadership team,” said Amit Saxena, Co-Founder and CTO of Mobilend, Inc.
“Bringing together a group of talented individuals to work on the future of lending is exciting and I am excited to see the fruit of our labor flourish in the near future,” said Valentin Gasparyan, Co-Founder of Mobilend, Inc.
About Kuber Financial, LLC
Kuber Financial, LLC, a global fintech holding company, is a leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the consumer and small business lending lifecycle.
Kuber Financial, LLC is committed to providing a seamless mobile lending experience to every customer, on every screen.