Oasis Financial changes name to Libra Solutions
ROSEMONT -- Oasis Financial this week announced a new name for its parent company: Libra Solutions.
Oasis Financial will continue on as Libra's presettlement funding solution, said Greg Zeeman, chief executive officer of Libra Solutions. "But our recent growth and acquisitions significantly expand our ability to support current and new customers and necessitated a name change. We are much more than presettlement funding, and it is time for a name to match," he said.
The growth of the Oasis Financial portfolio began in 2017 with the acquisition of Key Health, a California-based leader in medical lien funding. In 2021, Oasis Financial acquired Probate Advance, the largest provider of inheritance funding, and that same year, Oasis Financial joined forces with MoveDocs, a Nevada-based provider of medical lien management technology.
With origins dating back to 1996, Libra Solutions works closely with customers and industry advisory groups to navigate slow-moving legal processes. Libra has helped over 750,000 clients, their attorneys and health care providers get successful outcomes in court.
"Our product portfolio helps balance the scales of justice for those involved in long, drawn out legal processes -- providing financial options to help wait it out, and technology to help speed it along, so everyone has a chance for a fair outcome," Zeeman said.