Dec 29, 2024
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Friends, Family and FinTech Enthusiasts, welcome to our last production release of 2024.
Looking back in 2024, we’ve accomplished the impossible. Produced an entire platform, worked with countless banks and fintechs and kept our weekly release pace like no other. We summarized some of the work and our vision in this blog post. We love to hear from you, please write to us at info@lendapi.com and see how you can launch your product on LendAPI’s platform in the new year.
Speaking of the new year, we also published our 2025 FinTech Prediction article. We hope to make this an annual tradition where we can start some interesting conversations with the rest of the FinTech community. Click here to see the predictions.
And lastly, we forgot to mention this in our last release note. We surpassed 10 million transactions! This is a milestone we were hoping to cross by the end of the year and we did it. Please check out this blog documenting our journey to 10 million.
We have a brand new tagline as well. “LendAPI, Onboard Anyone.”
We onboarded another client in the commercial real estate vertical leveraging our previous experience in this space. Stay tuned and cheers to 2025!
Here is what’s new in v2.6.6
Overall Platform Updates
Security: We fully released our SSO (Single Sign-On) functionality for enterprise clients. This is available in our Scale Plan. This is released in v2.6.6
Sign-Up Process: Users can now update their email during the sign up process but they need to be reverified. This is released in v2.6.6
Sign-Up Process: We are now able to support international phone numbers during the sign up process. International clients no longer have to contact us to start using the platform on their own. This is released in v2.6.6
Private Labeling: Clients can now private label login pages so reflect their own logo. This is released in v2.6.6
Product Studio
General: We unified the “Add Product” experience to lessen the pathways to add a brand new product within Product Studio. This is released in v2.6.6
General: We also tailored features for each one of our subscription plans (Launch, Core, Scale) in the Product Studio. Each subscription tier will enjoy their own paid features. This is released in v2.6.6
Point of Sale: We resolved an issue with one of the variables at the end of the decision process. This is resolved in v2.6.6
Point of Sale: We resolved an issue by bypassing Prove and updated mobile related error messages. This is implemented in v2.6.6
Point of Sale: We resolved an issue relating to caching logic with respect to Prove. We resolved this issue. This is implemented in v2.6.6
Point of Sale: We greyed out the continue button to strictly enforce reading of the consents either by manual or auto-scroll. This is implemented in v2.6.6
Credit Card: We fixed an issue where sub-tenant Logos aren’t set up correctly. This is resolved in v2.6.6
Credit Card: We improved our PDF contract generation down to a few seconds to improve the checkout experience. This is implemented in v2.6.6
Credit Card: We resolved an issue where emails aren’t setting correctly for Wisconsin spousal notification logic in Sandbox mode. This is resolved in v2.6.6
Store Front: We updated logos and branding for this particular client. This is released in v2.6.6
Mortgages: We made enhancements to our decision engine log to better trace where error may have occurred. This is released in v2.6.6
Real Estate: We established an internal API call to process data from this private client’s database. This is released in v2.6.6
Rules Studio
No changes
Variable/Model Studio
No changes
Pricing Engine
No changes
Reports Studio
No changes
Tenant Admin Features
No changes
Tools
No changes
Integration Partners
We’ve integrated with BrightQuery Legal Entity API. This KYB service can now be used on our platform without coding. This is released in v2.6.6
We’ve also integrated with Conductiv to verify commercial entities cashflow used in underwriting. This is released in v2.6.6
About LendAPI
LendAPI, “Onboard Anyone.” is a venture backed SaaS DIY platforming helping banks to launch any financial products in minutes.Follow us on Linkedin, X, YouTube,and our LendAPI Podcast and LendAPI Academy. Check out our latest platform videos with the LendAPI v2.5.4 Platform Guide and our Techstars Demo Pitch!