We had a busy week this past week. Lots of demos and on-site visits with banks and lenders. Everyone is ecstatic when they see our all in one platform. We are in the process of launching a few clients and this release has a lot of features that allows us to be even more flexible when it comes to building certain applicant experiences.

This is a story told by Timothy Li, CEO of LendAPI, on the origin of LendAPI and why this is an important chapter in the Southern California entrepreneurial and venture capital scene.

So much has happened since our 250th release a few days ago. Our platform release v2.5.1 is perhaps one of the most comprehensive and one of the biggest releases to date.

How are we able to outproduce ourselves? We implemented better framework, more efficient coding standards and cleaned up a lot of our architecture to be more nimble and efficient. 

A few days ago we alluded to our 250th release. We get a collective chill when we think about this incredible journey we are on since we launched almost 7 months ago.

As we approach our 250th release, we want to say thank you to everyone that supported us on our journey to completely rethink how we launch new financial products. A single click to launch is our vision and we are getting there in a hurry.

LendAPI is pleased to announce the addition of a new client using our state of the art decision engine to power their new personal loans product. This client uses Plaid’s transaction exclusively for underwriting with advanced scores and attributes delivered by Pave’s engineering team.

LendAPI Processes 3 Million Application, Reaching a New Milestone

LendAPI is VC-backed industry first 1 click fintech product builder that helps banks, fintechs, retailers to launch their financing products in minutes. Our Product Studio, Rules Studio and our Pricing Engine work seamlessly together with all the popular third party integration partners of your choice.

LendAPI Platform Update v2.4.8

I know, I know, I know, we just did a release a few days ago, why? Well, we love you guys that’s why. Some of the features in this gargantuan release have been in the works for a quiet while now and these new features, APIs and connectivities will make this platform even more versatile than ever before. 

It’s been a beautiful week in New York City and the reason why Sam and I are here these two weeks is that LendAPI has been accepted into Techstars Accelerator New York City. 

We met some amazing founders in our 11 company cohort and these relationships will last a lifetime. We appreciate everyone being super patient with us as our calendars are extremely packed to go through various courses and content at Techstars.

We are also making great strides with our seed round investment. This is also a very time consuming task and one that we don’t take lightly. We talked to some of the biggest fintech VCs around the world and have received amazing feedback. And the reason why we are raising a seed round is to provide more support to our existing clients and accelerate onboarding of our new clients.

We will be hiring inside sales, executive sales, implementation managers as well as expanding our development team around the world. We will become the dominant player in this vertical and banks, fintechs will never launch their products the same way again. One click to launch is our vision and join us at www.lendapi.com and click on Sign Up to get your own account.

LendAPI Joining Techstars 2024 – New York City

We are proud to announce that LendAPI has been selected to join the prestigious Techstars Startup Accelerator in New York City. Techstars, recognized as the world’s leading technology startup accelerator, is renowned for its impact on early-stage companies and its contributions to the global startup ecosystem. 

Techstars New York City is one of the program’s most established and competitive cohorts, drawing applications from across the world. We are thrilled to be one of only 11 companies chosen for the 2024 program, selected from thousands of applicants.

At LendAPI, we recently surpassed 2.27 million transactions on our platform, processing 100,000 applications daily. Our platform is trusted by both challenger and traditional banks, enabling them to launch new products faster in today’s rapidly evolving market.

We are pleased to announce that we have processed over 2.27 million transactions through our platform on Sept 8th 2024. Our high performance decision engine has doubled the transaction volume 19 days ago when we reached 1.1 million transactions on August 20th, 2024.

LendAPI Platform Update v2.4.4 - v2.4.5

We have some exciting news to share. We added a new client. We achieved SOC 2 Type 2 compliance. We added a few more marketplace members to our ever growing community. We love every one of them.

On the fundraising side, we are on track to close our seed round. If you’d like to be part of it, there’s still room. We are aiming to close our seed round by the end of September! Talking to investors from funds that get what we are doing is an awesome and assuring experience. 

We made a new hire and this engineer will dedicate on UI/UX. We have a brand new design for our platform which we’ve been working on for the past few months and you will see a facelift soon. We are very excited about this.

We are also hiring QA engineers and are interviewing talents as we speak. If you are an individual and interested in joining our team, please email us at info@lendapi.com.

The founding team is in New York City, The Big Apple. We will be meeting clients, attending conferences and working on a few things that I think all of us will like.

And lastly, what do you think about this tagline “LendAPI, Wix for Fintech!”?

We are excited to announce that LendAPI has completed its first SOC 2 Type 2 audit. We understand the importance of security and practices safeguarding the most important parts of our system which is the stewardship of data.

LendAPI Platform Update v2.4.2 - v2.4.3

We are back with two rapid releases that enabled us to get into a new embedded finance vertical as well as workflows for more complex underwriting scenarios where manual review is required.

Again, we give thanks for our clients and potential clients to make our platform even better and user friendly.

We also added more variables from our friends at MaxMind and achieved true integration status with Accelitas. Another badge earned. 

We are pleased to announce that LendAPI has launched the embedded financing vertical with the first client in the B2C e-commerce and retail space. This client is a large financial institution specializing in outdoors equipment clients with e-commerce presence as well as retail store front foot print.

It’s been almost six months since we launched and we are humbled daily. Let’s face it, software engineering is hard. Fintech software engineering is harder and making it all a configurable SaaS tool where banks can design and deploy financial products in a few minutes is something none of us thought we would take on and succeed. 

We are pleased to announce that we have processed over 1.1 million transactions through our industry first digital onboarding platform. 

LendAPI Platform Update v2.3.9 - v2.4.0

We have a ton of updates for you in the past 3 releases, v2.3.9, v2.3.10 and brand new v2.4.0. As we are heading towards the fall, we have huge plans for our platform to enhance our Product Studio as well as making our Rules Studio and Pricing Engine even more powerful.

We are thrilled to onboarding another client in their auto lending and title lending space. We’ve known the CEO for a long time and he is a very experienced operator. Another dream client. This client will utilize our Product Studio, Rules Studio and our Application Management Platform to launch their entire digital onboarding experience.

LendAPI Announces Marketplace FinTech 150

LendAPI Marketplace is a directory of the hardest working fintech firms from around the world. It’s a collection of hand picked firms in categories ranging from risk analytics to credit bureaus, from flood insurance to compliance management. 

The marketplace has reached over 150 members in a short span of time and we are inviting more companies to join. It is completely free to join. We have 22 categories and we will slot you into one or many of these categories as you see fit.

What is Decisioning as a Service? 

Decisioning as a Service is a software system that produces results from logical comparisons using mathematical expressions and data from a variety of sources.

We are doubling SaaS subscription pricing across all tiers with added services.

Summertime is coming to an end and to celebrate we are all about launching partners and clients in these three releases. 

We’ve also happy to announce that we’ve met all of our goals for the quarters in terms of number of clients onboarded, number of strategic partners onboarded and of course our sales and revenue goals. 

We want to take the time and look back at the past four months since launch and give our thanks and gratitude to all of our partners, clients, and everyone that reached out to us and helped to get on the right track.

Every call, every interaction is a chance for us to learn. We are heads down on developing new widgets, plug-ins to enter the embedded finance arena with some really great clients. We can’t wait to tell you more.

We have another integrated partner announcement. This time, it’s UGA Finance, a loan servicing platform that has helped thousands of businesses and has over $2 billion dollars of assets under management. We couldn’t be more proud to work with their team and establish API connectivity to serve our common clients. Look out for UGA Finance to join our marketplace shortly.

A decision engine is a powerful tool for banks to comb through millions of applications and focus on the few that qualify for their product and services. Almost all credit applications are processed online and the need for a high speed decision engine is table stakes for all financial institutions around the world.

So how does decision engine work and what are some of the key features of a decision engine and what are banks looking for in a decision engine that’s powerful and yet easy to use. Can it be completely operated in a do-it-yourself mode? Today we will discuss these key tenets of a Do-it-Yourself or No-Code decision engine.

We are prepared for three releases this week and this is the first public release of the two and we have a private release for a major bank which we won’t be able to publish the details of. The next release notes will be released sometime this weekend. There will be some cool stuff in our 2nd public release this week so stay tuned.

Yes, we only slept for about 2 hours and fired off two more releases.

We have to thank our partners again and again for making us better. Some of these items you will see in this release note are features and enhancements and bugs (yes, we are not perfect) uncovered by our clients. If we haven’t said it before, we will say it again here, “Thank you!”.

Friends and colleagues, we have finally arrived at v2.3.x. 

In the next 10 releases we will double down on hardening our platform, integrate with even more marketplace partners to increase the speed of launch for our bank partners.

In the past two weeks, we’ve been focusing on more enhancements and getting ready to deploy some cool new features to our platform. There will be additional integration partners coming online as well. 

We dedicate these two releases to all of our customers that are constantly giving us ideas and feedback to make our platform stronger and resilient. Thank you.

We are celebrating 100 most conceited fintech partners at LendAPI! In the past 100 days, we’ve partnered and worked with these best of breed fintech companies that expands access to credit for 8 billion people around the world.

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.

We have so much to catch up on since late May. We’ve done multiple releases and I want to make sure you guys get the latest platform updates, slowly but surely.

We can’t thank you enough for the constant feedback. Our most demanding customers are the ones that will make us better so I thank you. 

With that feedback, we are spending more time hardening the system as well as bringing out more features and integration partners constantly and here are updates on LendAPI platform releases already in production.

To continue LendAPI’s mission and make more integrated partnerships available through our credit decision engine, we celebrate the completion of our complete Experian’s Clarity Services integration project. Clients can start using their credit scores and attributes today!

Hey folks, we’ve been busy taking care of you guys and we’ve onboarded another fellow client and in talks with a bunch of other banks and non-bank customers. Your recommendations and word of mouth referral are helping us and we want to thank you guys! The more customers we onboard the more we learn and the more our platform improves. 

And what other ways to share our joy than another round of platform upgrades and feature releases. LendAPI released three more iterations of the platform and we are here to explain to you all the goodies that’s been released into our production system.

We received our guests from Equifax’s technology, product, and risk teams this past week and we’ve seen some of their latest offerings both in infrastructure, operations as well as their core offerings in terms of credit risk models, attributes.We also saw their new offerings as result of their acquisition of TeleTrack as well as DataX. We are thrilled to have them on site and here are some of our hot takes of what we saw.

LendAPI is entering its 3rd month in business and we have signed up a new client in the personal loans space. These fine folks are into near prime and subprime loans. They are using our decision engine as well as our scoring engine to execute their latest underwriting strategy. Our data science and engineering team worked hand in hand to get all the APIs and endpoints modified and ready to roll. As we venture further into May 2024, we are hoping to onboard more clients that utilizes our Product Studio as well as our Rules Studio. Stay tuned for more good news.

We are thrilled to onboard our newest clients in the personal lending industry. This client specifically addresses the need of subprime and near prime clients nationwide.

User permissioned data is gaining popularity and acceptance. In this article, we will talk about the history of user permissioned data, some of the major players in this space and how your credit decision engine must be ready to ingest this information through widget integration as well as API integration.

Waterfalling your credit underwriting rules saves both money and reduces compliance risk. In some cases, it can help you to increase your conversion rate and upsell more products. In this article, we will talk about what is a waterfall strategy and why it’s important.

The ability to cache data will save banks and lead aggregators a lot of time and money. While reducing operating cost and compliance issues, the caching layer of your decision engine will greatly speed up your decision making process and deflect fraud attempts.

The most important aspect of a credit decision engine today is the ability to run multi-threaded risk and product strategies. In this article, we will address these use cases that goes beyond the ability to execute rules and credit risk models.

In the past few weeks, we managed to fire off 6 rapid releases. Why? Because we constantly listen to our client’s feedback and solve real issues as opposed to massaging button colors (we will get to that shortly). April 2024 has been an interesting month for us, the sun and the moon did ellipse. As consumers' attention span gets shorter and shorter, digital onboarding must take on a whole new meaning. We will be the one app that rules them all (for banks that is).

What are the steps in the loan origination process? In this article, we will break this down into three simple steps. From marketing to loan servicing and everything in between. We will dive into the latest technology that helps banks and consumers to get their loan decision as quickly as possible. 

LendAPI is committed to the security and privacy of our client’s data. Our commitment goes beyond SOC2 audits, we have completed our penetration testing and we will continue to report to everyone our platform’s performance as we move forward. 

Yes, we can't believe it either until it is done! Check out this mobile first, 3 click process that makes digital onboarding experience a dream!

While our competitors are sleeping, we are coding. While our competitors are thinking up excuses to delay and rack up their hourly rates, we are releasing features and adding more data providers. These series of releases are no different. We added a bunch of robust features to our decision engine as well as integrated with some of the hottest third party data providers.

LendAPI enters into a major version increment, 2.0. We look forward to enhancing our decision engine further with new features and new configuration methods to make our decision even more powerful. We can’t wait to launch these new features along with our product roadmap.

Hello and happy Sunday! We are excited to be mentioned on Simon Taylor's weekly publication FinTech Brainfood.

We bring another exciting release(s) to further improve our platform. This time, we've completed our Prove integration and created a LendAPI Prove Widget that our clients can easily use to build their short onboarding application. More to come with our Prove demo. But first, we want to show you what we've been building.

Dear valued clients

On this Good Friday, we thank you for your love and support and we wish you all a safe and fun spring break. Please let us know all the fun places you and your families are headed.

LendAPI selects Secureframe as our compliance automation and monitoring platform starting with the SOC 2 framework. 

LendAPI, a leading digital onboarding platform for banks, has announced its selection of Johanson Group LLP, based in Colorado Springs, CO, as its SOC2 audit firm. Both LendAPI and Johanson Group are tech-forward organizations focused on driving efficiency in their respective industries. As LendAPI strengthens its relationships with bank partners and fintech organizations, security and compliance have become crucial aspects of its integration process. The SOC2 certification signifies LendAPI's commitment to cybersecurity and breach prevention.

LendAPI proudly announces the appointment of Kenneth Lim as Chief Risk Strategist, leveraging his extensive background in credit risk management garnered from esteemed organizations like LendingClub and Deserve. With a proven track record in driving strategic initiatives and managing complex credit programs, Kenneth's vision perfectly aligns with LendAPI's mission to revolutionize the lending landscape through a fully configurable Loan Origination System (LOS). Timothy Li, CEO of LendAPI, expresses confidence in Kenneth's strategic insights, emphasizing his invaluable addition to the leadership team. Kenneth's appointment signifies a pivotal step towards strengthening LendAPI's position as a leader in the fintech industry, promising impactful contributions as they continue their mission.

We released a new set of product features and pricing changes. We also welcome a few more friends to our marketplace and it's growing. We are heading to the 100 mark soon. Check them out at www.lendapi.com.

Credit Decision Engine 

Credit Decision Engine is a specialized type of decision engine that’s widely used by bank and financial services. When a consumer or a small business is seeking credit, it is more than likely that they will encounter a financial service’s decision engine to make a quick and comprehensive real time decision.

Introducing David McMullin, the newly appointed Chief Revenue Officer at LendAPI, a leading no-code digital originations platform. With over two decades of fintech and entrepreneurial experience, David's strategic vision and expertise will drive our revenue generation efforts, shaping the future of banking.

The biggest feature from this release is our Multi-Product offering feature. Our clients can finally offer multiple types of products using completely different underwriting criteria and offer their clients checking accounts, credit cards, loans etc in one sitting! We are super excited about this feature.

Hey folks, we are forging towards another batch of product enhancements at LendAPI. This build is now released into production.

Digital banking has never been more important and today we announce an incredible partnership with PortX, a leader in financial services infrastructure that makes it easy to access core data.

In this product update, we bring you a brand new feature that finally brings test mode and live mode together. We are continuing to enhance our Product Builder module as well as a few third party integration enhancements.

On the Documentation front, we are continuing to build more documentation of our platform for you guys to review and follow. Our No-Code DIY digital originations platform continues to grow with your support.

The Decision Engine is at the heart of the bank's core business. Their ability to engage, cross-sell and earn their client’s wallet share is depended on a great deal of a smart decision engine.

What makes a great credit decision engine is its partnership ecosystem. It must have all of the top credit data providers, bank core, card management system as well loan management systems already in place for you to make the best decision possible. We want to talk about the importance of having a strong integration partner ecosystem and how it benefits you.

Are you paying tens of thousand for your credit decision engine that you barely look at? And whenever you want to make a change, hundreds of thousands dollars are spent on professional services with slow response time? We are uncovering the true cost of using a credit decision engine.

This week we bring you another update to our platform. In this update, we enhanced our Product Builder, we introduced a concept called Private Product, we integrated a few Third Party Providers and we cleaned up a few small bugs to make the Decision Tree Builder friendlier.

As some of you guys have noticed, we are adding a slew of sections on our website. We are building our Marketplace, Documentation. We will feature some of these sections in our up and coming write ups. If you want us to concentrate on certain section of the website, please contact us or write to us at info@lendapi.com

We've finished another exciting product update to our loan originations system. In this release, we updated the LendAPI Product Builder to have the ability to have risk based re-routing where an applicant can skip to different pages based on the information they provided as well as the data provided by third party and the decision rules's results.

This article will help you to answer some of the fundamental questions about credit decision engine software and its implementation tasks before sinking your teeth into the most critical part of your bank's new digital transformation.

• What is credit decision software?

• How does credit decision engines work?

• The benefits of using credit decision software.

• Where can you buy one or rent one? 

• Whom do you need to hire to run a credit decision software?

• “How long does it cost and take for a full integration?

From an architectural perspective, decision engines and rules engines are the same. They both operate on basic logical and mathematical principles. They both use if, then, else logic to process information and render a decision.

The blog "Credit Decision Engine - Bank Account Originations Software" emphasizes the critical role of a robust credit decision engine in the bank account origination process, particularly focusing on the challenges and requirements of Know Your Customer (KYC) procedures.

Decision Engine has become a crucial component in fraud detection within the banking industry. Fraud comes in a variety of forms. We will define all types of fraud and how decision engines can play a major role in helping banks and financial institutions to detect, deflect fraud and prevent losses.

If you are reading this article, you are probably looking into whether to build your own credit decision engine or rent one that’s already out there. These decision points however trivial need a closer examination because it could speed up or delay your product launch.

Credit Decision Engine is the heartbeat of any bank or financial institution. Data is the blood that flows through with each heartbeat. In today’s banking and lending environment, credit decision engines are expected to intake thousands of attributes at the same time and make decisions within a fraction of a second.

Credit Decision Engines are a special breed of rule based decisioning system that helps financial services companies to make smarter and quicker decisions. So what gives the rise of credit decision engines and what’s really going on behind the scenes of a robust credit decision engine system? Today we will explore these topics

Credit decision engine emerged in the past 20 years as a fundamental piece in the overall tech stack within banks, credit unions and financial institutions. With faster computing power and cloud services, calculating complex mathematical models becomes easier and more efficient. Today, FinTechs, Neo-Banks, tech enabled traditional banks are all embracing the need for fast and accurate decision engines. And credit decision engines are a specific breed of decision engine that have a few unique characteristics that we will talk about in this article.

There are over 30 million small businesses in America and it is the backbone of our economic engine. Small businesses employ close to 70 million Americans and it’s driving every bit of our economy across the board.

Banks and especially commercial banks are focusing on delivering banking services and loans to these small businesses to help them grow and therefore help the overall economy to grow. The US government through the Small Business Administration also delivers critical bank and financial services to small and medium businesses to grow.

Whether you are a bank, credit union or a state licensed lender, heck, even a Buy Now Pay Later BNPL player, a credit decision is fundamental to your business. Most often, offerings from banks to Buy Now Pay Later players are in essence a personal installment loan.

A Credit Decision Engine is a specific type of Rules or Decision Engine that memorializes a bank or a financial institution’s directive in terms of granting end users an application for a bank account or a line of credit.

The first set of decisions a bank will make is KYC (Know your customer). Identity verification is part of any bank and financial institution’s critical underwriting process. Identity verification must be done in real time and preferably doesn’t involve complex interaction with their end users. To accomplish quick and accurate KYC and Identity Verification, users must have a robust Decision Engine.

LendAPI is an all encompassing digital onboarding system. It’s not just for banking, lending, mortgage, auto, personal and business loans, it can build just about any onboarding system known to man.

A decision engine should have a few fundamental core concepts. Such as the ability to construct rules with multiple outcomes, integrated with third party data providers and an open API to take in datasets from a variety of different sources. Some decision engines are messy to work with and require many engineers and analysts to implement rules and ingest data. Some other decision engines have a great deal of authoring capabilities but there’s no integration point to connect to other enterprise software.

Our eyes are melting, and It's all coming together now: 🤝

Firstly, a huge shoutout to everyone on the LendAPI platform who has been giving us constant feedback and helping us build out our ecosystem. The collaboration with our partners, from identity verification providers to bank core integrators, has been phenomenal. As Fintech enthusiasts, engineers, and product enthusiasts, we're thrilled and grateful for your support!

LendAPI’s decision engine offers a variety of tools designed for non-technical users that’s completely DIY with powerful API extensions.

One of the core functionalities of a Decision Engine is a visual decision editor. Rules managers or rules engineers should be able to configure any rules on their own without the need of engineering support. The rule's author should be able to define variables and write rules, link to third party integration partners on their own.

Decision Engine Example - Identity Verification or KYC with TransUnion TruValidate

Explore these engaging examples of decision engines in the realm of banking and lending. A robust decision engine should seamlessly integrate with diverse data assets from identity service providers. Below is an illustration of using a visual decision engine to craft and execute rules in real time.

People often ask us, "What sets LendAPI apart?" Our answer remains consistent – the power to design your application, craft decision trees for every stage, and showcase consents and documents of your own creation. LendAPI empowers you with unparalleled flexibility to tailor an application flow that aligns with your decision logic and product offerings, making us truly unique.

We understand that constant updates might seem like a barrage of information, but we assure you that these releases are pivotal, and we appreciate your patience and understanding. Let's dive into the exciting features that LendAPI has recently rolled out!

In the ever-evolving landscape of digital onboarding platforms, LendAPI has been a trusted companion for businesses looking to streamline their processes. As the platform continues to grow and introduce innovative features, a pricing update is on the horizon. This blog post aims to provide clarity on the changes, showcase the additional benefits, and express gratitude to the loyal subscribers who have been an integral part of LendAPI's journey.In the ever-evolving landscape of digital onboarding platforms, LendAPI has been a trusted companion for businesses looking to streamline their processes. As the platform continues to grow and introduce innovative features, a pricing update is on the horizon. This blog post aims to provide clarity on the changes, showcase the additional benefits, and express gratitude to the loyal subscribers who have been an integral part of LendAPI's journey.

Winter has arrived, and with it, LendAPI brings warmth to your coding endeavors with the release of versions 1.5.5 and 1.5.6. In this winter wonderland of updates, we focus on enhancing workflow and process automation, delivering a seamless experience for our users. Let's delve into the highlights of these releases.

Release Notes for LendAPI Version 1.5.2, 1.5.3, and 1.5.4

In the ever-evolving landscape of software development, staying ahead often means embracing change. The release of version 1.5.1 on December 13, 2023, is a testament to this philosophy. This update brings a myriad of enhancements, bug fixes, and new features aimed at refining user experience, improving system functionality, and ensuring a more seamless operation overall.

Excitement is in the air as LendAPI unveils its much-anticipated Release v1.5, featuring the revolutionary "Product Builder." Brace yourselves, because with this release, LendAPI is handing you the keys to a world where your dreams and wishes become reality.

We're thrilled to announce that our community is now 200+ strong on Substack! 🎉 It's a momentous occasion that wouldn't have been possible without your support and enthusiasm for the valuable content we strive to deliver. As we celebrate this milestone, we want to express our heartfelt gratitude for being a part of our journey.

Greetings from Santa's little fintech workshop! 🎅 As we dive into the festive season, we bring you the latest updates from LendAPI. The last couple of weeks have been a whirlwind of activity at our fintech hub, and we're excited to share the enhancements and fixes we've cooked up in the latest releases, v1.4.6 and v1.4.7.

As we approach the holiday season, the LendAPI team is not slowing down but, instead, gearing up to make your experience even better. In the spirit of continuous improvement, we are thrilled to announce the recent releases, v1.4.3 and v1.4.4, packed with enhancements that aim to elevate the accessibility, communication, and overall user experience within our lending platform.As we approach the holiday season, the LendAPI team is not slowing down but, instead, gearing up to make your experience even better. In the spirit of continuous improvement, we are thrilled to announce the recent releases, v1.4.3 and v1.4.4, packed with enhancements that aim to elevate the accessibility, communication, and overall user experience within our lending platform.

On this significant day, November 11, 2023, LendAPI extends its heartfelt gratitude to the men and women in uniform, past and present, who have dedicated their lives to maintaining peace and freedom around the world. As we celebrate Veteran's Day, we reflect on the words of President Woodrow Wilson, who established Armistice Day on this very date in 1919.

LendAPI has been on fire this week with its second release, showing no signs of slowing down. In this latest release, labeled version 1.4.1, the team at LendAPI has fine-tuned the Billings section and addressed several UX issues related to the upgrade path. And here's the good news: the free mode is here to stay! But that's just the tip of the iceberg. Let's dive into some of the exciting highlights from LendAPI v1.4.1

Hello, LendAPI community! We hope you're ready for some exciting news because we're breaking our release cycle to bring you the awesome LendAPI v1.4 mid-week release. That's right, we're shaking things up, and we have a 24/7 development cycle to thank for this special update.

Welcome to our thought-letter! This week has been an exciting one as we've engaged with our valued partners, investors, mentors, and clients. We're thrilled to share some major developments with you. Welcome to our thought-letter! This week has been an exciting one as we've engaged with our valued partners, investors, mentors, and clients. We're thrilled to share some major developments with you.

We are thrilled to announce the release of LendAPI's v1.3! 🌟 Our team has been hard at work, and we're delighted to introduce several powerful features and enhancements to make your lending experience even better.

In the ever-evolving world of lending and finance, technology has paved the way for unprecedented convenience and efficiency. LendAPI, a trailblazing player in the lending industry, is at the forefront of these innovations. They are about to launch a game-changing feature that will reshape the lending landscape, allowing their clients to configure up to four co-applicants and business owners during the application process. This powerful addition to their platform will enable a more comprehensive evaluation of applicants, significantly enhancing the lending process.

In the ever-evolving landscape of financial technology, LendAPI continues to set the pace with its groundbreaking innovations. Today, we are excited to announce the launch of our newest product, a Business Lending solution that is set to revolutionize the lending industry. This new offering comes with a flexible Page Builder that allows clients to configure fields tailored to the specific needs of the Business Lending Industry.

Lenders, financial services companies and BNPL players all want to same thing when it comes to Loan Origination Software: Cost effective, white labeled system that's highly configurable. A visual decision engine where they build their underwriting and pricing strategy would be a plus. Edit and upload consents and sales contracts would be a dream. Read on…

In the ever-evolving landscape of financial technology, staying ahead of the curve is a paramount pursuit. At LendAPI, we take this challenge head-on, continually pushing the boundaries of what our platform can do to streamline lending processes for our valued partners. Today, we are thrilled to unveil a groundbreaking update that promises to revolutionize the way you manage your lending operations: the introduction of new webhook functionalities.

We are all about getting feedback from our users and to do that we need to let folks know what we've been up to. Our modus operandi is to release features on a regular basis. Everything we do here is in accordance to protect our client's data, IP etc. Please take a look at the some of the work we've been working on leading up to our latest release.