Product Update

LendAPI Platform Update v2.3.4-v2.3.5

LendAPI Platform Update v2.3.4-v2.3.5

Jul 23, 2024

We have another integrated partner announcement. This time, it’s UGA Finance, a loan servicing platform that has helped thousands of businesses and has over $2 billion dollars of assets under management. We couldn’t be more proud to work with their team and establish API connectivity to serve our common clients. Look out for UGA Finance to join our marketplace shortly.

LendAPI Marketplace - v2.3.4-v2.3.5
LendAPI Marketplace - v2.3.4-v2.3.5

Here's what's in v2.3.4 and v2.3.5

We are continuing to optimize our platform and bringing you new features. Although we aren’t working on FSD (full self-driving), we are uniquely focused on making bank client onboarding faster, easier and cheaper.

This past week, we also published an article on do-it–yourself decision engine. Please click here to check out this step-by-step guide on how to build rules and score yourself in a no-code decision engine solution at the fraction of the cost of some of the other platforms.

We are also looking for a staff engineer. If you’ve known to be a good coder and well versed in Python, we would like to talk to you. You must live in Orange County, southern california. Please email us at info@lendapi.com for more information.

Here are our release notes in v2.3.4 and v2.3.5

Overall Platform Updates

  • We have a brand new left navigation menu. We renamed a few main features of the admin workspace to make it easier to navigate and understand. Product Studios and Rules Studios as well as our Pricing Engine and Variable Library as finally together under the same roof. This is now organized in v2.3.4

  • We optimized displaying PDF files (uploaded documents and signed documents) in the Application Listing view. We made it faster and more responsive. This is now available in v2.3.5

Product Studio 

  • We cleaned up a variable insertion issue when populating variables in contracts. This is fixed in v2.3.4

  • We have a brand new widget in Product Studio to display the amortization schedule. This is built based on our own Amortization API release from the previous releases. This is available in v2.3.5.

Rules Studio

  • If you are working without Lead Generators, we can now work with LeadMarket, ZeroParallel as well as others to land the purchased leads into experience built by Product Studio. This is now live on v2.3.4.

  • We released another private labeled Credit Risk Score API v2 for a private client. We hope to launch them soon. We are essentially operating as a Decision Engine as a Service for this particular personal lending client. This is now launched in v2.3.4.

Pricing Engine

  • We released a small update to our Amortization API. This is now released in v2.3.4.

Reports Studio

  • No changes

Sub-Tenant Admin Features

  • No changes

Integration Partners

  • We fixed an issue in Plaid CRA API where there was an invalid phone number warning. Our problem, not Plaid’s. This is resolved in v2.3.4

  • We have a new Integration Partner UGA Finance in our Integration Partners section of the admin dashboard. UGA is a loan servicing and loan management platform. This integration is now available in v2.3.5

About LendAPI

LendAPI is the only digital onboarding platform for banks with a suite of Product Studio, Pricing Engine and Rules Studio working in concert all in one platform. Follow us on Blog, Linkedin, X, YouTube.