About Lender Processing Services
Lender Processing Services is a Financial Services company based in Jacksonville (United States) founded in 2007, and was acquired by Fidelity National Financial in May 2013. Mortgage loan management and analytics software. Lender Processing Services has completed 2 acquisitions, including LendingSpace and Verification Bureau. Lender Processing Services offers products and services including Encompass, MSP, Simplifile, and ICE Surefire. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Suite. Its legal entity is Intercontinental Exchange, Inc. Its competitors include FirstClose, Black Knight and Stavvy; 2 of its 3 listed competitors have raised funding.
Company details
Lender Processing Services was established in 2007 in Jacksonville, United States, as a technology provider for the mortgage lending sector. Operations were divided into data analytics and loan transaction services segments. Software systems were supplied to automate mortgage loan processes throughout their lifecycle. Settlement services, including centralized title agencies and property appraisals, were also offered to support industry needs.
- Headquarters Jacksonville, United States
- Stage Acquired
- SectorsFinancial Services
- Website lpsvcs.com
- Social LinkedIn X Facebook
- Acquired by Fidelity National Financial (May 2013)
- Legal Name Intercontinental Exchange, Inc.
- Latest Funding Round$375M (USD), Debt – Conventional
Jun 2008
- Investors
- Investments & AcquisitionsLendingSpace
& 1 more
- Acquired byFidelity National Financial
(May 2013)
Products & Services of Lender Processing Services
Lender Processing Services offers a comprehensive portfolio of products and services, including Encompass, MSP, Simplifile, and ICE Surefire.
End-to-end platform for acquiring and originating loans efficiently.
Software for managing loan servicing and operational challenges.
Tools for electronic document signing and transaction recording.
Solution for sales automation and borrower engagement strategies.
Funding Insights of Lender Processing Services
- Total Rounds 1
- Last Round Debt – Conventional β $375M
- First Round $375M
(Jun 2008)
All 1 funding rounds of Lender Processing Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2008 | $375M | Debt – Conventional | β | β | β |
1 investors in total: 1 institutional.
Investors in Lender Processing Services
Lender Processing Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fidelity National Financial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial institution offering insurance & transaction services | 1847 | fnf.com | Jacksonville, United States |
Investor details for Lender Processing Services
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Lender Processing Services
Lender Processing Services has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LendingSpace and Verification Bureau.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Lending services are facilitated by LendingSpace in the financial sector. | lendingspace.com | Hyderabad, India | 1999 | Jul 2012 | β’β’β’β’ | |
Tax transcripts, mortgage verifications, and financial services are provided. | verificationbureau.com | Valrico, United States | 2004 | Aug 2009 | β’β’β’β’ |
Complete acquisition details for Lender Processing Services
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Lender Processing Services
5 dated milestones of Lender Processing Services across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Lender Processing Services is founded.
- Funding First funding round of $375.0M.
- Acquisition Acquires Verification Bureau.
- Acquisition Acquires LendingSpace.
- Exit Acquired by Fidelity National Financial.
Competitors of Lender Processing Services
Lender Processing Services has 3 listed competitors in our database, 2 of them funded. They include FirstClose, Black Knight and Stavvy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| firstclose.com | 2000 | Austin, United States | $39.7M | 47 | Mortgage settlement solutions and home equity tools are provided. | |
| blackknightinc.com | 1962 | Jacksonville, United States | Provider of an AI-based cloud platform offering loan life cycle management solutions to lenders | |||
| stavvy.com | 2017 | Boston, United States | $41.5M | 15 | Digital platform for real estate transactions is provided. |
Detailed competitors of Lender Processing Services
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lender Processing Services
Websites that share an audience with Lender Processing Services (lpsvcs.com).
Websites whose visitors overlap most with Lender Processing Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| isgn.com | 39% | View details |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Lender Processing Services (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Frequently Asked Questions about Lender Processing Services
Lender Processing Services was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Lender Processing Services is headquartered in Jacksonville, United States.
Lender Processing Services was established in 2007 in Jacksonville, United States, as a technology provider for the mortgage lending sector. Operations were divided into data analytics and loan transaction services segments. Software systems were supplied to automate mortgage loan processes throughout their lifecycle. Settlement services, including centralized title agencies and property appraisals, were also offered to support industry needs.
Lender Processing Services's top competitors include Stavvy, FirstClose and Black Knight.
Lender Processing Services offers Encompass, MSP, Simplifile, and ICE Surefire.
Lender Processing Services has made 2 acquisitions, including LendingSpace, and Verification Bureau.
Lender Processing Services has 1 investor. Key investors include Fidelity National Financial.
Lender Processing Services operates through Intercontinental Exchange, Inc..
Yes. Lender Processing Services was acquired by Fidelity National Financial in May 2013.
