Market Overview

Tavant Selected by Newfi Lending To Provide Next-Generation Digital Platform


VΞLOX suite of products to drive operational efficiencies and enable
a seamless customer experience

Tavant, America's leading innovative mortgage technology provider, today
announced that Newfi Lending ("Newfi"), a technology-enabled residential
mortgage lender and Warburg Pincus portfolio company, has chosen the Tavant
platform to help transform its mortgage process.

Founded in 2014 by Steve Abreu, Newfi is focused on leveraging service
and technology to transform the way customers shop for and close a
mortgage. In July 2017, Newfi announced that it had reached the $1
billion milestone in mortgage originations.

Tavant VΞLOX is the industry's only digital platform that maximizes the
use of data-driven processes in the automation of the loan origination
lifecycle. It brings true digital disruption to the mortgage industry
with a fluid omnichannel experience and high velocity execution: from
home discovery to loan funding. In the first phase, Newfi will deploy
Tavant's FinXperience and FinConnect products from the VΞLOX suite.
FinXperience brings a best-in-class fully personalized user experience
through any business channel while removing significant costs from the
origination process. Several of the nation's top lenders are deploying
FinConnect and FinXperience for their consumer direct, retail, and TPO

"Set in the heart of Silicon Valley, Newfi Lending is investing in
innovative technology solutions to engineer amazing mortgage products.
We are excited to be a part of that journey. This partnership will
enable Newfi's vision of providing a collaborative ecosystem for
consumers, realtors, and mortgage brokers," said Sarvesh Mahesh, CEO of

"Tavant has deep mortgage industry experience and this partnership will
help us provide enhanced service to our customers," said Steve Abreu,
CEO of Newfi. "As we build a premier lending platform that will uniquely
drive diverse mortgage products across multiple business channels,
Tavant's VΞLOX suite of products will provide the flexibility, scale and
a streamlined customer experience that is essential for our business."

About Newfi Lending

Founded in 2014 by industry veterans, Newfi Lending is a national
mortgage lender reshaping the borrowing experience through a combination
of proprietary technology and product innovation. Newfi delivers a more
efficient and transparent process resulting in lower costs and higher
levels of customer satisfaction and trust. For more information, visit

About Tavant Technologies

Headquartered in Santa Clara, California, Tavant
is a digital solutions company that provides impactful
results to its customers across North America, Europe, and Asia-Pacific.
Founded in 2000, the company employs over 2500 people and is a
recognized top employer. Tavant is creating an intelligent lending
enterprise by reimagining customer experiences, driving operational
efficiencies and improving collaboration.

Find Tavant Technologies on LinkedIn and
on Twitter.

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