Dec 1, 2024
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LendAPI is pleased to announce its participation in the upcoming Techstars New York City Demo Day, alongside 20 other startups, at Google’s New York City office on Tuesday, December 3rd, 2024.
LendAPI was selected as part of the Techstars NYC 2024 Cohort, led by Andrés Barreto, Managing Director of Techstars NYC and Miami.
Timothy Li, Co-Founder and CEO of LendAPI, and Sam Xia, Co-Founder and CTO, will be attending and presenting to an audience of over 400 members of the technology and venture capital community.
“We’ve been extremely fortunate to have the support and guidance of Techstars and its incredible team, who mentored us and provided critical insights that contributed to the successful completion of our $3.2M seed round, closed in November 2024. We look forward to continuing our collaboration with Techstars to build the best fintech infrastructure platform in the world,” said Timothy Li, CEO of LendAPI.
Since joining Techstars in August 2024, LendAPI has experienced tremendous growth in product maturity, customer acquisition, and fundraising. The company has expanded its core team, hiring key product managers, project managers, and engineers to develop new features and functionalities based on invaluable customer feedback.
At Demo Day, LendAPI will showcase its innovative Product Studio, Rules Studio, High-Performance Decision Engine, Model Builders, and its 50+ integration partnership marketplace. These advancements position LendAPI to empower millions of small and medium-sized businesses to launch private-label financing products, leveraging efficient technology to replace traditional and costly BNPL solutions.
Looking ahead, LendAPI is entering new markets, including mortgages, in 2025. The company will launch its 1003 Application API and MISMO File Format API, enabling mortgage brokers, real estate agents, and developers to seamlessly submit and create industry-standard mortgage application file formats for collaboration with wholesale mortgage lenders nationwide.
LendAPI is proud to complete the Techstars 2024 Cohort alongside 10 other promising startups. We wish everyone success with their pitches and product launches!
LendAPI is the only digital onboarding platform for banks with a suite of Product Studio, Rules Studio, Pricing Engine, Integration Marketplace and Variable Studio all working in concert on one platform to help Banks and Fintech launch products in just a few clicks. Follow us on Linkedin, X, YouTube, LendAPI Podcast, Substack (Invite Only) and our “LendAPI v2.5.4 Platform Video!”