Sep 9, 2024
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LendAPI Joining Techstars 2024 – New York City
We are proud to announce that LendAPI has been selected to join the prestigious Techstars Startup Accelerator in New York City. Techstars, recognized as the world’s leading technology startup accelerator, is renowned for its impact on early-stage companies and its contributions to the global startup ecosystem.
Techstars New York City is one of the program’s most established and competitive cohorts, drawing applications from across the world. We are thrilled to be one of only 11 companies chosen for the 2024 program, selected from thousands of applicants.
At LendAPI, we recently surpassed 2.27 million transactions on our platform, processing 100,000 applications daily. Our platform is trusted by both challenger and traditional banks, enabling them to launch new products faster in today’s rapidly evolving market.
What Techstars Means for LendAPI
For the past several months, we’ve been collaborating with the Techstars team in preparation for this moment. Through their mentorship and resources, we’ve already seen significant growth, even before the official start of the program. Now that we’ve kicked off in New York City, we’re looking forward to evolving even further with the help of Techstars' programming content and workshops. Over the next 16 weeks, we’ll continue honing our strategy, refining our product, and preparing to scale as a company that is both scalable and investable. — Timothy Li, CEO of LendAPI
The Vision of Techstars for LendAPI
“We selected LendAPI to join Techstars because of founders like Tim and Sam, who value execution above all else. Our goal is to help them focus not only on achieving product-market fit but also to grow as individuals, build a scalable business, and develop a high-performing team. We look forward to their participation alongside 10 other startups over the next 3 months and are excited to support their growth beyond the Techstars program.” — Andres Barreto, Managing Director, Techstars NYC
https://www.techstars.com/blog/program-news/techstars-new-york-city-announces-fall-2024-class
What LendAPI Brings to the Fintech Space
LendAPI is addressing one of the biggest challenges in fintech: speed to market. Our “Wix for FinTech” approach enables rapid deployment of banking and lending products, cutting down development time significantly compared to traditional methods. Our no-code solution allows businesses to build customer experiences, implement decision models, and manage workflows with just a few clicks. We can help launch your products in days, not years.
Looking Ahead
Techstars is just the beginning of our journey to accelerate innovation in the fintech space. As we continue to evolve and refine our platform, we’re excited about the opportunities ahead — including building stronger relationships within the fintech community and enhancing our product offerings to meet the evolving needs of our clients.
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!”