LendWize Acquires ARIVE
Wizni, Inc. which operates as LendWize completed the acquisition of ARIVE, LLC and successfully transitioned to a fully integrated solution, consolidated under the LendWize technology stack.
LendWize took over management of the ARIVE platform in early 2020 and in June launched the fully-transformed ARIVE.Next platform. The platform features numerous innovations, more streamlined technology, electronic lender integrations and an improved mortgage broker experience across the board.
“We’re very pleased with the significant broker adoption and expansion we’ve seen in such a short amount of time,” noted Harish Tejwani, LendWize founder and CEO. “Built from the ground up, our integrated LOS, PPE and POS platform, coupled with integrated wholesale lenders with native digital connectivity for exchanging pricing and loan transaction data creates a new industry standard for digital origination platforms in the Wholesale channel.”
“It’s another sign that the technology investment put into the broker channel is here to stay,” said Mat Ishbia, United Wholesale Mortgage president and CEO. “Creating a level playing field for brokers will continue to give them the advantage in the marketplace and ARIVE.Next is another signal to the markets that the growth in the mortgage space will be in the broker channel.”
“LendWize is committed to supporting the broker community through additional investment in technology and resources,” emphasized LendWize chief operating officer, Eric Anderson. “By expanding the wholesale lender network and providing more customer relationship, referral, and workflow tools for brokers, ARIVE.Next is set to dominate this growing channel in 2021 and beyond.”
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