Launching today, fin-tech platform CredEvolv revolutionizes the path to achieving and maintaining good credit, offering millions of consumers a path to financial stability. CredEvolv’s mission is to turn “no” in to “not yet” by breaking down the barriers to credit equity and guiding consumers seeking improved credit on a journey to sustainable, lifelong credit well-being.

Through the acquisition of Get Credit Healthy, Inc. — a platform focused on single loan fulfillment – CredEvolv shifts to a strategy based on lifelong credit wellness. With the experience of Get Credit Healthy Founder, Elizabeth Karwowski, and banking and mortgage industry veterans, Jeff Walker and Steve Romano, CredEvolv tackles credit and lending inequity so that underserved, credit-challenged customers can be on a path to homeownership.

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Tegria, a next-generation healthcare technology and services company, and Cedar, a market-leading healthcare financial technology platform, today announced the formation of a strategic partnership. The partnership will bring Cedar’s consumer-facing financial engagement platform to Tegria customers and deliver Tegria’s robust revenue cycle management expertise to Cedar’s extensive client base, enabling a seamless, intuitive and dependable financial experience for both providers and patients.

“Tegria’s partnership with Cedar elevates our ability to humanize the healthcare experience, in this case by providing clearer information, greater simplicity and more flexibility in the payment process,” said Wasif Rasheed, chief revenue and growth officer of Providence, which launched Tegria in October 2020. “Tegria’s revenue cycle management practice has a strong track record of delivering payment processes that simplify the financial experience for both patients and providers. Integrating Cedar into our suite of offerings will enable our hundreds of provider customers to benefit further from efficiencies, boost their patient engagement, and focus more fully on patient care.”

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Top-rated accounting software, Accounting Seed, implements a new version of its Financial Reporter which is now fully implemented with the Salesforce Lightning user interface (UI). This upgrade also brings significant updates to the platform’s standard and custom reports, enabling users to easily access, navigate, update, and export financial reports.

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Ready Capital Corporation (NYSE: RC) (“Ready Capital”), a multi-strategy real estate finance company that originates, acquires, finances and services commercial loans, today announced its acquisition of Red Stone and its affiliates (“Red Stone”). Red Stone is a real estate finance and investment company that provides innovative financial products and services to the multifamily affordable housing industry. Red Stone’s management team, led by John Sokolovic, and all employees have joined Ready Capital. The acquisition will further diversify Ready Capital’s business and represents its commitment to affordable housing.

“Affordable housing finance presents a significant growth opportunity that will benefit our shareholders by expanding our presence in a sector with low correlation to our other businesses,” said Tom Capasse, Chairman and Chief Executive Officer of Ready Capital. “Moreover, the team at Red Stone has enormous talent and we look forward to building on their success collaboratively in the future.”

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Merit Financial Advisors (“Merit”), a Georgia-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families and those navigating life transitions, has acquired Consilium Financial Group (“Consilium”). The acquisition expands Merit’s presence in its headquarters of Atlanta and enhances the firm’s financial planning capabilities.

Consilium is a comprehensive financial planning and wealth management firm based in Roswell, Georgia. Founded by Kirk Wilkerson, CIMA®, CFF, and Andy Lubben, CFP®, the firm provides risk management, tax planning, estate planning and investment services for high-net-worth individuals and families. Consilium first aligned with Merit in 2015 through its Independent Advisor Partner Program, integrating with the firm’s investment offerings and operational support. The acquisition allows Consilium team members and clients to access Merit’s full suite of services, resources and solutions. The entire Consilium staff will join Merit, with Wilkerson and Lubben each assuming the role of Regional Director. The firm manages $291 million in client assets.

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