New Client Announcement
Jun 8, 2024
We are thrilled to onboarding another client in their personal finance space. We’ve known this team for a long time and they put together another awesome portfolio with all the industry stars behind it. We are happy to launch them on LendAPI.com and take advantage of all aspects of the platform.
New Client Announcement
LendAPI is proud to onboard another amazing team and their personal finance product on our platform. This is a firm that offers small dollar personal loans to a wide range of credit spectrums.
Client Details
This client has a ton of experience in subprime personal finance space and is currently operating a few portfolios already.
Why launch now?
This client is seeing the capital markets for prime and near prime clients pulling back and as inflation and mass layoffs are still hovering at an uncomfortably high level. US consumers are still looking for credit and financing to meet their day to day expenses.
Why LendAPI?
LendAPI’s architecture, infrastructure and cost has reduced the need of spending hundreds of thousands of dollars to launch a portfolio soup to nuts. We have all the prime, subprime bureaus, income verification partners already integrated. We are also integrated with a variety of loan management systems as well. This allows clients to get onboard and launch immediately.
LendAPI’s competitive advantage
This particular client asked us to launch their website as well. This is not something we typically take on but we did it for them and launched a modern product website in a matter of days that sits right on top of the applications created by our Product Studio.
LendAPI’s key partners in this launch
Experian’s Clarity Services — We are waiting for you guys to join our marketplace… c'mon guys!
About LendAPI
LendAPI is the only digital onboarding platform for banks with a suite of Product, Pricing and Rules Studio working in concert all in one platform. Follow us on Linkedin, YouTube and Loom Channel. Get your free 30 day trial at app.lendapi.com/signup