We’ve also launched new clients and new partners. Below are some quick reviews of all major milestones at LendAPI.

LendAPI Milestones:

• Pricing Increase: We’ve doubled our pricing across all theirs. This is not due to inflationary pressure. We believe we have features on our platform that simply don't exist elsewhere or within our competitor’s offerings. We are also starting to offer managed services. Some of our clients want us to build their product, rules, pricing for them and we are happy to take this on, however we will be assessing a setup fee of sorts. More on this here: https://www.lendapi.com/blog/lendapi-new-pricing-announcement

• New Clients: We’ve onboarded several new clients in a variety of different spaces and we can’t wait to tell you more about it. We are starting with our first client in auto lending space and you can find more information here: https://www.lendapi.com/blog/lendapi-new-customer-announcement-auto-lending

• FinTech 150: We are celebrating our 150th member on our Marketplace. These partners are personally vetted by us and some of them are integrated directly into our platform for your enjoyment. Those that’ve integrated into LendAPI’s platform have a badge displayed on their mini-site in our marketplace. We have a ton more announcements forthcoming. More information on FinTech 150 and the infographic are here: https://www.lendapi.com/blog/fintech-150

• Fund Raising: We’ve been funding raising for a seed round. We’ve talked to over 40 early stage fintech investors. If you are interested in talking to us please contact Timothy Li at timothy.li@lendapi.com. We are aiming to close our round at the end of August 2024.

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 around Southern California and be able to come to the office at least once a week. Please email us at info@lendapi.com if you or you know someone that’s interested.

Here are our release notes in v2.3.9 to v2.4.0

Overall Platform Updates

• We made some enhancements to the “Sync Data” feature from Live Mode to Test Mode. This is released in v2.3.10

Product Studio 

• We are introducing a new concept called Product Themes. This Theme feature allows you to customize the look and feel of the product built by your Product Studio. We will make this even better in the coming releases. This is available to use in v2.3.9

• We enhanced the Password Helper language to make it more concise. This is available in v2.3.9

• We resolved a bug dealing with a certain boolean variable operation that was causing a blank screen. This is resolved in v2.3.9

• We also resolved an issue relating to Decision Logic, a bank transaction integration partner that was causing the application not to move forward when this widget is being used. This is resolved in v2.3.9

• We can use variables to dynamically change the title of the page labels. This is now released in v2.3.10

• In the Prequalification widget, we added a few navigational variables for the applicants to decline the offer or continue with the offer to the next page. This is released in v2.3.10

• We fixed a small issue when the “Publish” button is pressed under certain circumstances. This is fixed in v2.3.10

• We cleaned up some code when adding product templates for sub-tenants. This is released in v2.3.10

• We released a new Drag and Drop code base to make building your pages/product even smoother. This is released in v2.4.0

Rules Studio

• We released the .pickle, .pkl Python file integration feature into our Rules Engine. This automates machine learning models and model data pre-processing. This is now available in v2.3.9

• We now allow clients to deselect underwriting criteria from a sub-tenant. This is released in v2.3.10

• When editing a variable, we are providing more fields to be edited. Including variable type. This is now released in v2.3.10

• We now have an “API” button on every tree that is built by you to automatically display the API integration code for you to integrate with your front end applications! This is released in v2.4.0

• We made an enhancement to our Lead Buy API to take lower case inputs in the employment field. This is released in v2.4.0

Pricing Engine

• No changes

Reports Studio

• We optimized the Decision Tree reporting speed. We will further optimize this in the coming releases. This is now available in v2.3.10

Sub-Tenant Admin Features

• No changes

Integration Partners

• We automated the TransUnion’s Adverse Action code from the credit report pull. This is available in v2.3.9

• We released a B2B API to a major core banking system partner that we are launching a full stack offering with. This is released in v2.3.9.

• We added more variables from an integration partner Pave.dev to help one of our common clients to complete their cash flow underwriting process. This is released in v2.3.10

• We widgetized Flinks, a third party integration partner. You can now use Flinks in the Product Builder. This is released in v2.4.0

• We added another 900+ variables from the TransUnion credit bureau. This is released in v2.4.0

• We fixed a bug (our issue) which was causing floating points not converting properly from data from TransUnion credit bureau. This is resolved in v2.4.0

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.