Dear clients

We thank you for your constant feedback and support. We greatly appreciate every little detail that we hear from you in our meetings, emails. We want to get the best product out there with the maximum flexibility. To get there, we strive for perfection and the only way we can get there is through rapid development, testing and releases. 

Everyone gets to enjoy all the new product features and upgrades, enhancements and bug fixes. Please don’t hesitate to reach out to us if you find anything that we need to build and improve up. We are always listening. 

Our new motto is “from apply to approve” and “we build a product to build other products”, what do you think?

We made several changes to our product in release candidate v1.8.1 through v1.8.3 and I am here to explain some of the key updates to our product platform. 

Before we get there, we have some news about our pricing. Due to popular demand and the sheer volume of features, we changed our pricing plan to a metal colored pricing plan and here they are:

We greatly increased what you can do with our Silver plan with increased application count as well as number of seats available. You can build products and rules as you wish and the entire platform is still under $1,000 a month to use. We think this is the best priced Digital Onboarding System on the planet. If you find a product that has a higher value, I would love to hear about it.

We create a few new plans, the top tier plan is our new Platinum Plan, priced just under $3,000 and you will get everything we have to offer including a ton of point of sale financing features to manage your tenant and full API access to integrate with other enterprise systems. You will have access to 15,000 applications a month, that’s just 20 cents per app. We believe this is an industry first. Other key features include multi-product which we released last week where you can offer multiple different types of products with a single credit pull. We think you will love this feature.

We often get asked to create custom plans for our larger banking customers and we listened. If you need a custom design on top of our core tech and increase app count or special features, head on over to our website and click on Contact Us or email us at info@lendapi.com 

With all of that said, here are some key features in last week’s product update.

LendAPI Platform

• We made further enhancements to make our platform completely white label and private label ready. The entire platform can be debranded and rebranded.

• We made some enhancements to the super admin panel where you can manage manual billing functionalities better (this is only available for a full private label build)

LendAPI Product Builder Update

• Additional user workflow for OFAC, MLA attestation from 1st and 3rd party. This will give clients a chance to ask for further clarification from the applicants during the application process.

• You can edit the title of Form Labels (Field Titles) in the Product Builder to give our clients an even higher level of customization

• We also made some changes to the navigation bar for the page builder preview so it is mobile friendly.

LendAPI Credit Decision Engine Update

• We fixed a small bug in Test Mode in our decision engine.

LendAPI Workflow Orchestration Platform

• No changes

LendAPI Third Party Integration

• Plaid bank data (new)

About LendAPI

LendAPI is a no-code, DIY digital onboarding platform with a fully customizable product builder and an integrated graphical Decision Engine. LendAPI’s application workflow, sub-tenant management, third party integrations plus customer portal and communication methods is a complete end to end solution. It’s free to sign up at app.lendapi.com/signup.