Alogent, a Peachtree Corners, Georgia-based fintech company, as per recent reports, has announced acquiring the FinanceGenius suite of lending software from IntelliEngines Inc., to automate and streamline its lending and loan processing business for its customers. The financial details and terms of the acquisition deal were not disclosed.
Marketing FinanceGenius as Origins, Alogent is offering an enhanced end-to-end, fully scalable mobile, online and digital experience.
“The addition of Origins to Alogent’s product portfolio naturally marries our digital banking and enterprise information management solutions,” states Jason Schwabline, Chief Strategy Officer, Alogent. “Cloud-based and mobile-ready, Origins is a turnkey and automated decisioning platform that embodies Alogent’s ‘user-first’ and channel-agnostic approach. Consumers choose how they want to engage – online, mobile, in-branch or by phone – while financial institutions benefit from a streamlined and uniform workflow regardless of the channel of interaction.”
According to Dede Wakefield, CEO, Alogent, “the acquisition of the FinanceGenius suite expands Alogent’s footprint into more facets of the digital financial ecosystem. By delivering end-to-end capabilities for intelligent loan origination, we’re opening new business opportunities for Alogent’s 2,400 financial institution partners and enabling them to maximize loan growth and profitability.”
Origins, handling everything from origination right through to underwriting, is a full-lifecycle solution.