BankingMRV Banks & Vervent Launch the Revvi Card

BusinessWire BusinessWireJuly 29, 20213 min

Vervent is proud to announce the launch of MRV Banks’ all new Revvi card. Vervent helped bring this great new credit card to the market as the full-service credit card program management partner for MRV Banks.

The Revvi card is designed for sub-prime customers who are looking for the perfect credit card but have not-so-perfect credit. Vervent partnered with MRV Banks on the Revvi concept, guiding program development, underwriting & risk modeling, design & full implementation. With a successful launch now accomplished, Vervent will continue to support MRV Banks with card marketing & acquisition, application processing and turnkey credit card servicing.

“We’re excited about the launch of Revvi as our first project with MRV Banks,” said David Johnson, Vervent CEO & Founder. “Revvi provides a credit option for underserved sub-prime customers and is a product we are proud to be a part of.” Joseph Noe, President of Vervent Card, added, “Revvi is an important milestone for our company. It demonstrated our ability to bring a new credit card product to market faster than ever before, leveraging the full resources of Vervent and its prior acquisitions.”

“We are proud to bring the Revvi Card to market to offer a solid card option for sub-prime customers in need of credit. Partnering with Vervent was essential in bringing the Revvi Card to market, and the result our two companies were able to deliver together ensures we will continue to work together successfully in the future,” said Greg Luehmann, President of Card Services at MRV Banks.

To learn more or discuss a credit card program with the Vervent team, please email Solutions@Vervent.com. For more on Revvi, visit Revvi.com.

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