The Platform Journey

Since our official launch in March 2024, we’ve entered a critical growth phase where platform quality and performance are now the primary drivers. We’ve dedicated time and resources to continually improving our platform. Our decision engine is built to handle requests in real time, in parallel, and with the ability to run multiple strategies simultaneously.

Just over two months ago, we announced that we had processed over 20 million transactions. It was a significant milestone, one that tested the system and gave the marketplace confidence that an up-and-coming fintech deployment platform could handle the demands of the largest banks, including high transaction volumes during peak periods.

Since then, our engineering team has worked tirelessly to further enhance the performance of our decision engine and make our rules builder, pricing engine, and third-party integration modules more responsive and user-friendly.

A True Collaborative Platform

Many offerings in the marketplace cater to just one segment of a bank. There are numerous rule engines that serve a narrow purpose running rules with limited integration or few tools for risk management professionals to build and test strategies.

Most of these platforms also restrict clients to a handful of third-party data providers with exclusive partnership agreements. At LendAPI, we believe in an open and collaborative platform, where the best products and tools compete on merit.

We provide a robust environment for chief risk officers, chief marketing officers, and chief compliance officers to do their work. Our platform comes integrated with leading fraud detection tools, credit bureaus, open banking solutions, and cashflow analytics, ready to plug into new strategies instantly.

Client First

Our platform doesn’t just empower creators within your bank, it also supports operations teams working directly with applicants.

Our agent dashboard gives operations personnel deep visibility into each applicant’s journey and data. Agents can quickly grasp underwriting criteria and request more information to guide applicants toward a final credit decision. They can send emails, documentation requests, and even verify identity using SMS-based multi-factor authentication codes.

Agents can also mimic the consumer experience, logging in to the consumer dashboard to provide step-by-step support. We’re actively building new functionalities, including two-way texting and AI-powered agent assistance tools, to increase productivity and response times.

This week, we’re excited to unveil our native Document AI tool. It scans pages of bank statements and payroll records, using our proprietary rules engine to act on the structured data extracted. This innovation brings even greater automation to the underwriting process, helping our clients streamline operations.

What Our Clients Are Saying

"LendAPI gave us the flexibility to scale our underwriting models faster than ever. Their collaborative platform eliminated weeks of integration work and helped us serve renters more effectively across the country."
— Mark Mughabghab , CEO of RNPL Credit

"We launched LawFi with LendAPI because their technology allowed us to bring a regulated lending product to market in under 90 days. The flexibility and speed of the platform are unmatched."
— Steven Highfill, CPC, CEO of LawFi

The Next 100 Million Transactions

We’re hiring! Join us in engineering, project management, quality assurance, sales, and marketing. If you want to help redefine how fintech products are deployed, visit our careers page or email us at info@lendapi.com. We’d love to hear from you.

For credit unions, community banks, and CDFIs seeking enterprise-grade software at a fraction of the cost, sign up at LendAPI. We’re here to help you launch your next lending product or embedded finance solution designed to serve your largest commercial clients.