defi SOLUTIONS announces new auto and personal lending solution

By Edlyn Cardoza

defi SOLUTIONS has announced the introduction of a single, end-to-end solution for the entire auto and personal lending lifecycle.

This news comes quickly on the heels of the company’s fourth-quarter 2021 announcement introducing the new, modern, modularly designed defi ORIGINATIONS system. The new, complete end-to-end lending solution will follow the design and build, look, and feel standards of defi ORIGINATIONS. It will also take advantage of the latest architecture and technologies to position lenders to innovate and meet the needs of borrowers for years to come.

“We do not have a single competitor whose products and services encompass the complete lifecycle of our clients and their customers, the borrowers,” said Tom Allanson, defi SOLUTIONS CEO. “We are in a unique position to add more value to our targeted market participants.”

defi defines this end-to-end solution as one that provides everything needed to satisfy the complete needs of the borrower – speed, ease, trust, value. One that supplies the software, systems, hardware, and vendors, across all stages of the relationship between borrower and lender but allows others to be invited in. One offers excellent digital communication that extends beyond the borrower’s “courtship” and results in the kind of borrower satisfaction that leads to “renewed vows.” Or that can even take care of the sometimes unfortunate breakup when necessary.

“With current, pending, large-scale servicing implementations, we’ll have reached a critical mass of our clients using both our originations and servicing platforms, and in many cases also one or more component of our business process outsourcing,” said Charles Sutherland, defi SOLUTIONS Chief Strategy Officer. “Now is the time to take advantage of this momentum and the current work in progress on defi ORIGINATIONS to deliver a unified, modern, cloud-based capability.”

defi SOLUTIONS offers lenders an end-to-end, total solution for the loan or lease lifecycle. Partnering with captives, banks, credit unions, and finance companies, defi’s market-leading solution helps lenders exceed borrower expectations. From digital engagement through the complete lending process, defi sets new standards for flexibility, configurability, and scalability in originations and servicing (by your experts or ours). defi SOLUTIONS has the backing of Warburg Pincus, Bain Capital Ventures, and Fiserv.