Platform Update

LendAPI Platform Update v2.4.4 - v2.4.5

LendAPI Platform Update v2.4.4 - v2.4.5

Sep 6, 2024

LendAPI Platform Update v2.4.4 - v2.4.5

We have some exciting news to share. We added a new client. We achieved SOC 2 Type 2 compliance. We added a few more marketplace members to our ever growing community. We love every one of them.

On the fundraising side, we are on track to close our seed round. If you’d like to be part of it, there’s still room. We are aiming to close our seed round by the end of September! Talking to investors from funds that get what we are doing is an awesome and assuring experience. 

We made a new hire and this engineer will dedicate on UI/UX. We have a brand new design for our platform which we’ve been working on for the past few months and you will see a facelift soon. We are very excited about this.

We are also hiring QA engineers and are interviewing talents as we speak. If you are an individual and interested in joining our team, please email us at info@lendapi.com.

The founding team is in New York City, The Big Apple. We will be meeting clients, attending conferences and working on a few things that I think all of us will like.

And lastly, what do you think about this tagline “LendAPI, Wix for Fintech!”?

LendAPI Platform Update - v2.4.4 - v2.4.5
LendAPI Platform Update - v2.4.4 - v2.4.5

Here’s what’s new in LendAPI Platform v2.4.4 - v2.4.5 

Overall Platform Updates

  • The platform will not display Product Ordering details if the data is not available. This is available in v2.4.4

  • We added a LeadID column in the Product Detail page. This is now available in v2.4.4

  • We added a new route where the applicant can upload rejected documents again for another route of approval. This is available in v2.4.4

Product Studio 

  • We made some minor adjustments for a private client per their feedback. This is updated in v2.4.4

  • For Embedded Financing Flow, we added a feature where store personnels can update the loan details with what’s actually purchased in store and this event will trigger an email for the clients to sign a new lease to own or promissory note. This is available in v2.4.4

  • We added a feature for a private client to automatically approve certain uploads from the applicant. This is available now in v2.4.5

  • We made some UI enhancements to display currencies. This is fixed in v.2.4.5.

  • We made some further UI enhancements to display N/A or Not Available when there’s no content in the display fields. This is available in v2.4.5.

Rules Studio

  • GetApplication API now includes Application Results, Decision Results and Pricing Engine Results. This is now available in v2.4.4.

  • We added a Secure Card application flow for a private client. This is in v2.4.5

  • We also began to use our Tenant (sub-tenant) concept to interact with PSCU’s corecard servicing platform. This is designed for a private client. This is configured in v2.4.5  

Pricing Engine

  • No changes

Reports Studio

  • No changes

Sub-Tenant Admin Features

  • No changes

Integration Partners

  • We added CRS - TransUnion edition to our Marketplace. This is now available in v2.4.4

  • We added Sophtron to our integrated partners list. This is now available in v2.4.5

  • We made an adjustment to our Plaid CRA integration to increase timeout allowance to 1 minute. This is not us, we swear. This is configured in v2.4.5

  • We also updated the USIO integration. This is updated in v2.4.5

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!