Press Release
Jan 17, 2024
In the ever-evolving landscape of digital onboarding platforms, LendAPI has been a trusted companion for businesses looking to streamline their processes. As the platform continues to grow and introduce innovative features, a pricing update is on the horizon. This blog post aims to provide clarity on the changes, showcase the additional benefits, and express gratitude to the loyal subscribers who have been an integral part of LendAPI's journey.In the ever-evolving landscape of digital onboarding platforms, LendAPI has been a trusted companion for businesses looking to streamline their processes. As the platform continues to grow and introduce innovative features, a pricing update is on the horizon. This blog post aims to provide clarity on the changes, showcase the additional benefits, and express gratitude to the loyal subscribers who have been an integral part of LendAPI's journey.
In the ever-evolving landscape of digital onboarding platforms, LendAPI has been a trusted companion for businesses looking to streamline their processes. As the platform continues to grow and introduce innovative features, a pricing update is on the horizon. This blog post aims to provide clarity on the changes, showcase the additional benefits, and express gratitude to the loyal subscribers who have been an integral part of LendAPI's journey.
1. **Grandfathered Pricing for Existing Subscribers:**
If you're a current LendAPI subscriber, there's good news – you're grandfathered into the original pricing. This means that the changes won't affect you, and you can continue enjoying the services without any alteration to your subscription cost.
2. **Pro and Enterprise Pricing Adjustment:**
LendAPI's pricing adjustments come with the introduction of new tiers. The Pro version will now be priced at $999 per month (or $799 paid annually), while the Enterprise edition will be $1499 per month (or $1299 paid annually). These adjustments reflect the platform's commitment to providing top-notch service and investing in further improvements.
3. **Free Mode Transition:**
The Free mode, which was available in perpetuity, is undergoing a change. It will now be replaced with a 30-day free trial, aligning with standard industry practices. This adjustment allows users to experience the platform's capabilities before making a commitment.
4. **Why the Change?**
LendAPI's pricing update is driven by the platform's growth and the incorporation of new features and automation. The enhancements aim to save subscribers both time and money. Despite the adjustments, LendAPI remains confident in offering the best value in the digital onboarding platform market.
5. **New Features to Enhance User Experience:**
- **Checking Account Opening with PortX/DDA:**
LendAPI now facilitates checking account opening with PortX/DDA, providing users with more options and flexibility.
- **Product Builder:**
The introduction of a product builder allows users to create their own products with customizable pages, uploads, and fields.
- **Third-Party Integrations:**
LendAPI has expanded its integration capabilities with the inclusion of third-party services such as Plaid and PortX.
6. **Upcoming Features:**
LendAPI is not stopping here; new features are in the pipeline to further enrich the user experience:
- A/B Testing
- Multi-path Application Flow
- Bank Account Functionalities (Transfer, Payments)
7. **Expressing Gratitude:**
LendAPI takes a moment to thank its subscribers for their continued support and loyalty. The platform's success is a testament to the collaborative effort of its user community.
8. **Check Out the New Pricing:**
For those curious about the updated pricing, all the details can be found on LendAPI's official website. The changes are a reflection of the platform's commitment to growth and delivering unparalleled value to its users.
In conclusion, LendAPI's price increase comes hand-in-hand with exciting new features, showcasing the platform's dedication to innovation and user satisfaction. The journey continues, and LendAPI looks forward to the continued support of its subscribers as it evolves to meet the dynamic needs of the digital landscape.