Tavant’s Digital Lending Business Reports Surge in Growth and Increased Adoption
20 Juni 2019 - 1:45PM
Business Wire
Leading Silicon-Valley technology provider
appoints Prashant Kumar to lead business growth
Tavant, a Silicon Valley-based provider of AI-powered digital
lending technologies, today announced it has achieved a company
milestone reporting record growth of its lending business as
momentum grows within the industry for digital technology. Rapidly
gaining market share, Tavant’s expanding customer base originate
one out of every four loans in the U.S. In response, the company
appointed industry veteran, Prashant Kumar, to further drive and
expand new business efforts.
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Sarvesh Mahesh, CEO of Tavant,
said, “Tavant’s vision from day one has been focused on providing
unparalleled solutions to meet the business goals of our customers.
We have achieved this through consistently focusing on our people,
the passion we bring to the partnerships and all-round excellence
in everything we undertake. Our team’s in-depth knowledge, coupled
with our suite of digital lending tools enables us to solve the
day-to-day operational issues, as well as the more complex
challenges facing today’s lender.”
Building on the continued growth and momentum in the lending
industry, Tavant is investing in continued innovation of Tavant
VΞLOX, the company’s digital lending suite of products. This will
ensure the products will continue to provide leading lenders with a
solution that is flexible, able to scale and most importantly,
provides a superior customer experience in a modern, digital
environment.
Mahesh, continued, “This
further demonstrates our commitment to innovation and to providing
our customers a competitive edge in an increasingly demanding
market. While the term business partner is often overused, it
remains an important guiding principle for our organization. We
value collaboration and building long-term partnerships and as
such, our customers view us as much more than technology providers,
but rather an extension of their team, a trusted advisor. We’ve
assembled a team of the lending industry’s best and brightest
individuals and are pleased to welcome Prashant to our team. His
unique industry experience will prove invaluable in leading this
new endeavor.”
Kumar brings more than 25 years of mortgage, auto lending and
personal finance industry expertise to the position and is a proven
leader in the financial services arena. In his role, Kumar oversees
the management and growth of Tavant’s global consumer lending
efforts, including North America, Europe and Asia-Pacific.
Throughout his career, Kumar has consistently driven business
growth while increasing profit margins, productivity and
quality.
About Tavant
Headquartered in Santa Clara, Calif., Tavant is a digital
products and platforms company that provides impactful results to
its customers across North America, Europe, and Asia-Pacific.
Founded in 2000, the company employs more than 2500 people and is a
recognized top employer. Tavant is creating an AI-powered
intelligent lending enterprise by reimagining customer experiences,
driving operational efficiencies and improving collaboration.
Find Tavant on LinkedIn and Twitter.
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Anna Stanley anna@williammills.com 251.517.7857