Full-Time
Posted on 9/9/2025
Secure document management for capital markets
$81.8k - $109k/yr
Portland, OR, USA
Hybrid
On-site/hybrid options available.
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Vervent provides capital markets and primary servicing within financial services, focusing on secure, compliant document management and processing. It delivers an electronic, end-to-end suite that includes application processing, document storage, and compliance management, all supported by advanced technology to ensure authenticity of original documents, verification of signatories, and data integrity. The service is designed to be fast and reliable, helping financial institutions, investors, and businesses manage operations, store critical files securely, and meet regulatory requirements. What sets Vervent apart is its combination of deep industry knowledge, rapid execution, and a fully digital environment that prioritizes security and compliance across its offerings. The company's goal is to help clients grow and respond quickly to customer demands by delivering high-quality, efficient, and compliant services in complex capital markets and financial operations.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$180M
Headquarters
San Diego, California
Founded
1986
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Health Insurance
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Pet Insurance
Hybrid Work Options
Trial date set for october for Tricolor executives. March 25, 2026 A trial date has been set for Oct. 19 for the fraud case against Tricolor executives Daniel Chu and David Goodgame. Chu was charged with Continuing Financial Crimes Enterprise; Conspiracy to Commit Bank Fraud and Wire Fraud Affecting a Financial Institution; Bank Fraud and Wire Fraud Affecting a Financial Institution. The penalties range from life in prison to up to 30 years. Goodgame was charged with Conspiracy to Commit Bank Fraud and Wire Fraud Affecting a Financial Institution; Bank Fraud and Wire Fraud Affecting a Financial Institution. Both men pleaded not guilty in January and are currently free on bond, awaiting trial. In December 2025, the United States Attorney for the Southern District of New York, along with the FBI and FDIC, announced the unsealing of a 20-page indictment against the Tricolor founder and CEO, Chu, charging him with defrauding multiple banks and leading a series of fraudulent schemes. The indictment alleged that, between 2018 and 2025, Tricolor used two primary schemes to defraud banks: the double-pledging of collateral to multiple lenders and manipulating loan data to make delinquent accounts appear current. The indictment includes text messages on the activity. The indictment states Tricolor pledged $2.2 billion of collateral to lenders but only had $1.4 billion in real collateral, with $800,000 in fraudulent collateral created by the conspirators. In September, Tricolor placed its more than 1,000 employees on unpaid leave and then filed for Chapter 7 bankruptcy. Vervent was appointed by the bankruptcy court to service Tricolor's more than 100,000 subprime auto loan accounts. According to a March press release announcing its expanded partnership with Quanta Credit Services, Vervent stated it has been managing elevated delinquency rates that pre-dated the bankruptcy filing and have continued during the portfolio transition. NIADA is a nonprofit trade association representing over 13,000 members throughout the nation. Since 1946, NIADA has worked to advance, educate and promote the independent used vehicle industry. Alongside our state affiliates, NIADA advocates on behalf of the industry at both the state and federal levels. March 25, 2026 As the calendar nears April, the clock is ticking on the tax selling season, which has produced mixed... March 25, 2026 From in-person classes, webinars, 20 Groups to the NIADA Convention and Expo, NIADA is offering multiple opportunities for... March 25, 2026 From the March issue of UCD By Kip Cochran For many buy-here-pay-here operators, nothing feels better than a... March 25, 2026
Vervent, a fintech servicing company, has secured an $80 million forward flow agreement led by Mesirow Alternative Credit. The funding will be deployed over the next 12 months to support origination of unsecured credit cards across Vervent's portfolio. The transaction marks a significant capital partnership for the fintech as it expands its consumer credit card programmes. Mesirow Alternative Credit is an independent financial services firm specialising in alternative credit investments.
Vervent, an industry-leading Backup Servicer, recently launched Vervent eVault and has further expanded its suite of Capital Markets Services to include Calculation Agent Services.
SAN DIEGO – Sorrento Valley fintech institution Vervent has struck a deal to receive $180 million in funding from global investment firm Castlelake L.P. to finance origination for its credit card programs. Castlelake – which manages $22 billion in real assets, specialty finance and aviation assets – will help support Vervent’s Revvi, Total Card and […]
San Diego Business Journal recognizes Vervent's Jannet Zamora as a top Latino leader of Influence.