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MeridianLink Priced, NYSE: MLNK

Provides a digital lending platform to mid-market financial institutions.

Industry: Technology

Latest Trade: $24.50 +0.19 (+0.8%)

First Day Return: -5.4%

Return from IPO: -6.5%

Industry: Technology

We are a leading provider of cloud-based software solutions for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies, or CRAs—providing services to 1,925 customers, including 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. Our solutions allow our customers to meet their clients’ financial needs across the institution, which enables improved client acquisition and retention. Additionally, our solutions allow our customers to operate more efficiently by enabling automated loan decisioning and enhanced risk management.
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IPO News for MeridianLink
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IPO Data
IPO File Date 04/30/2021
Offer Price $26.00
Price Range $24.00 - $26.00
Offer Shares (mm) 13.2
Deal Size ($mm) $343
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/27/2021
Offer Price $26.00
Price Range $24.00 - $26.00
Offer Shares (mm) 13.2
Deal Size ($mm) $343
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Costa Mesa, CA
Founded 1998
Employees 544
Website www.meridianlink.com