Introduction

PonyMoney, a Texas-based personal lending company, was on a mission to provide individuals with fast, hassle-free access to installment loans. However, as they sought to optimize their lending process, they encountered a major challenge: finding a loan origination system and decision engine that offered the flexibility they needed. After evaluating numerous solutions, PonyMoney found their answer in LendAPI.

The Challenge: Finding a Truly Flexible Loan Origination and Decision Engine

PonyMoney explored a wide range of loan origination systems and decision engines but found them lacking in key areas. The solutions they reviewed did not provide:

• Quick and seamless integration capabilities

• The ability to conduct A/B testing for underwriting strategies

• The autonomy to update rules, strategies, and pricing without external dependencies

For PonyMoney, these features were critical to optimizing their lending process. They needed a platform that could integrate smoothly with various third-party services while allowing them to refine and enhance their lending strategies in real time.

The Solution: LendAPI’s Fully Integrated and Flexible Platform

When PonyMoney discovered LendAPI, they realized they had finally found a technology partner that met their needs. LendAPI’s platform provided:

• Full integration with all major cash flow underwriting tools and loan management systems

• A/B testing capabilities to refine underwriting strategies

• Real-time updates to underwriting rules and pricing

• A seamless onboarding process, ensuring a quick and efficient setup

Steven Ma, CEO of PonyMoney, on working with LendAPI:

"LendAPI's platform provided us with the flexibility we were seeking. The ease of integration and the ability to independently update our underwriting strategies and pricing have been game-changers for us."

Rapid Implementation and Seamless Collaboration

One of the standout aspects of LendAPI’s technology is how quickly and efficiently it can be implemented. The LendAPI and PonyMoney teams worked in real-time to ensure a smooth onboarding process, integrating essential tools and systems without disruption.

Timothy Li, CEO of LendAPI, on partnering with PonyMoney:

"Our partnership with PonyMoney exemplifies the adaptability of LendAPI's platform, and we're proud to offer a solution that meets their flexibility and rapid integration needs."

Conclusion

PonyMoney’s search for the right loan origination and decisioning platform ended with LendAPI because of its flexibility, seamless integrations, and real-time adaptability. This partnership has allowed PonyMoney to refine its underwriting processes, scale efficiently, and better serve its customers.

LendAPI continues to set the standard for lending technology, helping fintech companies like PonyMoney optimize and innovate with ease.