Stewart Acquires Cloudvirga to Strengthen Digital Footprint
May 26, 2021
Stewart Information Services Corp. acquired fintech company Cloudvirga in a move to bolster its digital footprint and serve customers in the mortgage finance space.
“By bringing Cloudvirga’s capabilities and solutions to the Stewart family, we further demonstrate our commitment to creating an industry-leading platform for customers to drive ease-of-use throughout the real estate transaction,” said Stewart CEO Fred Eppinger. “Combined with our newly acquired capabilities such as RON, a notary network and valuation services, Cloudvirga’s platform will accelerate our digital offerings in all markets, complement our existing capabilities and enhance our ability to provide customers with end-to-end mortgage services and solutions.”
Founded in 2016, Cloudvirga is a customer engagement platform and digital origination platform that powers lenders, originators and brokers while also automating back-office tasks. Several of the largest lenders in the country rely on Cloudvirga as their digital front-end solution.
“We are excited about the opportunity to join Stewart at this important time in our industry,” said Kyle Kamrooz, co-founder and CEO of Cloudvirga. “Having the backing of an industry leader like Stewart will allow us to increase value to our customers as we streamline and accelerate the origination process.”
In moves to expand its digital-closing offerings, Stewart also recently acquired NotaryCam and Signature Closers LLC.
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