We are a leading provider of cloud-based SaaS (Software-as-a-Service) – also known as software solutions – for financial institutions, with a focus on credit unions. Our clients also include banks, mortgage lenders, specialty lending providers and consumer reporting agencies, or CRAs. We serve 63 of the leading 100 credit unions per Credit Unions Online (as of September 2020), and a majority of the financial institutions on Forbes’ 2020 lists of America’s Best Credit Unions and Banks. Financial institutions are undergoing a digital transformation as they seek to transition business models, enhance or create new revenue streams, and increase client engagement. We support our customers’ digital transformations by helping them create a superior client experience with our mission-critical loan origination software, or LOS, digital lending platform, and data analytics.

According to the National Credit Union Administration, or NCUA, credit unions’ net worth, defined as the retained earnings balance, has increased $12.1 billion, or 6.8% year-over-year, to $190.3 billion as of Dec. 31, 2020. Additionally, as reported by the NCUA, total assets in federally insured credit unions rose by $278 billion, or 17.7% year-over-year, to $1.84 trillion as of Dec. 31, 2020 and, from December 2000 through December 2020, total assets in federally insured credit unions increased by $1.41 trillion, representing a compound annual growth rate, or CAGR, of 7.5%.

(Note: MeridianLink upsized its IPO at pricing on July 27, 2021 to 13.2 million shares – up from 12 million in the prospectus – and priced its IPO at $26 – the top of its $24-to-$26 range – to raise $343.2 million. The company sold 10 million shares and its selling stockholders sold 3.2 million shares. The company will not receive any proceeds from the sale of the selling stockholders’ shares.)