Serent Capital, a San Francisco-based private equity firm, and owner of Docutech, just made its 12th investment in fintech and fourth in the lending technology market.
Serent recently announced it made a minority investment in GDS Link, a global provider of credit risk management software for the financial services industry. Serent is already investing in Optimal Blue and Mercury Network.
GDS Link helps clients efficiently manage credit risk strategies and improves lending and account management efforts.
“We decided that this was the perfect time for us to bring in a partner, and we believe Serent Capital is the ideal investor to help us accelerate our growth strategy," said Paul Greenwood, president and CEO of GDS Link.
Leveraging its differentiated platform, GDS Link serves traditional and alternative financial service lending through both brick-and-mortar and online channels, marketplace lending for both consumer and small business, point of sale retail finance, credit card, auto, and leasing, the company said in a statement.
“GDS has created a unique platform that is now used globally across the financial services landscape,” stated Lance Fenton, partner at Serent Capital. “We are excited about the opportunity to collaborate with Paul and the experienced team at GDS Link, and we look forward to the company’s continued growth and success.”