We want to thank two firms in particular to help us with this journey. The first is SecureFrame, their platform, documentation, training and monitoring plug-ins scans through our entire infrastructure continuously to ensure all available security practices are enforced. SecureFrame delivers weekly emails to summarize hundreds of data points to give us a sense of what’s happening in our infrastructure and what has changed. We appreciate their team and their platform for helping us grow with confidence.

Secondly, we want to thank all of the support staff and auditors from Johanson LLP. Our engineering team worked with Johanson’s auditors for an intense few weeks to deliver all of the evidence supporting our policies documented in the past six months. Their amazing turnaround time really helped us to tighten up our security protocols and made us more aware of potential issues that may arise from today’s ever changing compliance landscape.

LendAPI picked Johanson LLP because their team is well versed in SecureFrame. They understand the output of the SecureFrame reports and monitoring readouts, which makes the entire auditing process smoother and faster.

We also want to give a few words of praise to our team. We couldn’t have done it without their compliance driven architectural and infrastructure implementation when we  first started building this platform.

“SOC 2 Type 2 is not a badge of honor, but a milestone marker. This is not the end but the beginning of a long compliance journey. Getting an audit report doesn’t mean that we have a clean bill of health, we have so much to do. Lastly, a compliance report of any kind is not for show, it’s our demonstration that security, protocols and procedures are important to us and it matters greatly to our partners and clients. We will strive for more in this area.” - Timothy Li, CEO of LendAPI.

LendAPI now has 15 clients of various sizes. We are processing millions of transactions for banks large and small. We are in credit card, loan, embedded financing organizations and our decision engine is one of the fastest in the industry.

LendAPI’s marketplace is growing rapidly as well. If you would like to chat with us, please email us at info@lendapi.com or simply sign up for an account on our website and start building today at www.lendapi.com

About LendAPI

LendAPI is the only digital onboarding platform for banks with a suite of Product Studio, Rules Studio, Pricing Engine, Integration Marketplace and Variable Library all working in concert on one platform. Follow us on Linkedin, X, YouTube and our “Two Minute Demo Video!”