LendAPI Platform Update - LendAPI Capital

LendAPI Platform Update - LendAPI Capital

Feb 16, 2025

Feb 16, 2025

FEATURED

FEATURED

Platform Update

Platform Update

Feb 16, 2025

Hey all, we’ve launched a brand new service LendAPI Capital to enhance our overall offering. FinTech lenders have a few hurdles they must overcome, one of which is licensing to lend and the other is funding capital.

LendAPI Platform Update - LendAPI Capital
LendAPI Platform Update - LendAPI Capital
LendAPI Platform Update - LendAPI Capital

LendAPI has engaged with the private credit market to offer lending capital exclusively to fintech lenders operating on LendAPI’s platform.

Here are some advantages of LendAPI from the capital markets perspective. First, private credits can monitor applicant quality, underwriting robustness right through the LendAPI platform. They have a front row seat to step on the gas paddle along with the fintech lenders on LendAPI’s platform through our Capital services. Conversely, they can work with our common partners to calibrate their underwriting and pricing and make improvements in real time as well.

FinTech lenders can show their onboarding performances straight to capital markets providers in real time to demonstrate their competitive advantage. This will give capital markets providers unique access to assets which they have limited exposure to.

For more information, please visit LendAPI Capital’s website and write to us if you want to join our capital marketplace. Email us at info@lendapi.com

We are hiring remote QA and Front End engineers to join our team. Please email us at info@lendapi.com. We read everyone’s email and forward to the appropriate hiring managers.

We also have details on our platform release v2.7.6 below as well as new case studies and academy episodes we premiered this week.

Blogs, Educational Content and Podcasts:

LendAPI Case Study:

We have a new case study with Relli, a crowdfunding commercial real estate platform based in Los Angles. Check out the case study below:

LendAPI Partner Podcast:

This week, we launched a new episode with Diarmuid Thoma, Head of Fraud and Data Strategy at AtData. Check out this episode below:

LendAPI Academy: 

We have a ton of new episodes in our LendAPI Academy. Over 20 episodes and 10 hours of content made by our Head of Product, Kay. Here are two episodes worth watching:

Don’t forget to subscribe to our Lend Academy channel on YouTube for more exciting episodes. 

Platform Update:

If you are interested in more details about our release v2.7.6, please write to us at info@lendapi.com. Here are some highlights on this week’s platform release:

Product Studio Enhancements

  • When we upgraded our product studio, we forgot to enable authors to have multiple checkboxes per page. That’s been addressed.

  • We also fixed the positioning of the checkboxes and let authors to position the checkboxes correctly and save the location of these checkboxes on the grid correctly.

  • We also addressed an issue where Plug-Ins and Widgets can be dropped anywhere on the page as opposed to the bottom half of the page.

Application Workflow

  • The email history tab was misbehaving and we addressed this issue.

  • We added a color border to indicate whether you are in sandbox or production mode as a visual guide.

  • We also enhanced viewing of the uploaded PDF files on mobile to make it more viewable. 

LendAPI Marketplace

  • We fixed an issue with the Plaid CRA product where certain variables need to be treated to prevent an error being fired.

  • All of the TransUnion certificates need to be updated for the platform-to-platform access. 

Enterprise Integration

  • We fixed a bearer token issue which was throwing an error when the incorrect UUID was used.

Rich Text Editor 2.0 Enhancements

  • We added a few more options to allow more flexibility to add white spaces in between the lines.

Erratum 

  • We crushed as many bugs as we could to create a better quality of life for our partners. Here are a few that’s worth mentioning. All of these fixes and patches are released.

  • We fixed a few places in our demo environment where TransUnion credentials need to be verified before we let our clients establish their connection under their credentials.

  • We also fixed a few Plan Upgrade paths for different types of existing Plans and platform access levels. We also eliminated certain features that snuck into a different paid plan.

  • We fixed a toast error message during the sign up process that was annoying.

  • That’s it for now. Thank you again for letting us be part of your success.

About LendAPI

LendAPI is a fintech product launcher. Follow us on Linkedin, X, YouTube, and check out our Marketplace, Academy, Podcast, Capital and our Weekly Newsletter. LendAPI’s Data Service Products are also available: LendAPI KYB.