Posted by MeridianLink | April 1, 2022

MeridianLink® Completes Acquisition of StreetShares®

MeridianLink, Inc.® (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the successful completion of its acquisition of StreetShares®, a mission-driven financial technology company that provides digital small business lending technology to banks and credit unions.

MeridianLink® (NYSE: MLNK) provides cloud-based software solutions tailored for financial institutions, including banks, credit unions, and mortgage lenders. Headquartered in Costa Mesa, California, MeridianLink’s technology supports over 1,900 financial institutions nationwide. Their solutions cover consumer and mortgage lending, loan origination, account opening, and powerful data analytics. Many institutions on Forbes’ 2021 lists of America’s Best Credit Unions and Banks rely on MeridianLink’s innovative software. With over 20 years of expertise, MeridianLink’s cloud-based platform streamlines workflows and improves operational efficiency for diverse financial organizations.

MeridianLink leverages AI and machine learning to enhance decision-making, helping institutions serve customers faster and more accurately. The platform’s cloud-based nature minimizes IT costs and allows financial organizations to scale operations securely. Regular software updates ensure MeridianLink’s technology is always secure and compliant with evolving financial regulations. MeridianLink’s mission includes fostering financial inclusion, making banking more accessible to underserved communities.

Through user-friendly resources and robust training, MeridianLink empowers its clients to fully leverage their technology investment. This commitment to support enables institutions to stay competitive in an evolving financial landscape. MeridianLink’s scalable, flexible platform adapts to various needs, meeting demands of both large and small institutions. Clients receive ongoing assistance and extensive tools to drive growth, ensuring consistent success in customer service. Further information on their mission, products, and customer success stories can be found at meridianlink.com.

About StreetShares

StreetShares® provides small business banking software-as-a-service (SaaS) to community banks, credit unions, and non-financial organizations. Their Atlas Platform offers digital, white-labeled products tailored to small business banking needs. Atlas enables institutions to offer business checking, lending, and cash flow management under their own brand. Voted “Best in Show” by executives at the American Banker Small Biz Banking Conference, StreetShares has earned respect within the industry.

The company has won EY Entrepreneurs of the Year and Innovators of the Year honors, showcasing its impact on financial technology. StreetShares helps smaller institutions compete by providing the same digital services that larger banks offer. The Atlas Platform’s features are designed to meet the unique needs of small businesses in local communities. White-label technology lets institutions build loyalty while maintaining their brand identity. StreetShares’ technology delivers seamless service, supporting stronger customer relationships for community banks and credit unions.

StreetShares continues to innovate, adapting to changing needs and industry trends to support small business banking. Their commitment to excellence drives them to deliver solutions that anticipate and respond to future banking requirements. With an intuitive, flexible platform, StreetShares ensures institutions have the tools to thrive. For more information on how StreetShares is shaping small business banking, visit streetshares.com.

Press Contact:

Becky Frost
(714) 784-5839
[email protected]

Investor Relations Contact:

Erik Schneider 
(714) 332-6357
[email protected]   

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