Fiserv takes over fellow fintech vendor PCLender

Fiserv takes over fellow fintech vendor PCLender

Fiserv has acquired PCLender, a US-based provider of “simple, elegant, internet-based mortgage solutions for community banks, credit unions and mortgage bankers”.

Fiserv says PCLender’s software is complementary to its existing lending solution suite.

The solution is provided on a hosted basis and supports lenders of all sizes. PCLender currently provides solutions for lenders funding up to 5,000 loans per month.

Lionel Urban, CEO of PCLender, hopes the takeover will help his company scale up its solution, enhance customer experience and “deliver greater client value”.

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