LendAPI provides a no-code platform for rapidly designing, testing, and deploying custom lending products. This enables financial services teams to launch new credit logic in days, significantly reducing time-to-market and engineering overhead. The platform automates decisioning, optimizes risk trees, and improves approval rates through dynamic pricing and multi-lender matchmaking.
Funding
$3.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CCGNPAFounders
Product
Problem
Financial institutions face challenges in rapidly deploying and customizing financial products like personal loans and credit cards due to complex coding requirements and lengthy development cycles. Traditional methods often lack the agility needed to quickly adapt to market changes and customer demands, hindering their ability to optimize onboarding processes and scale efficiently.
Solution
LendAPI offers a no-code platform that empowers financial institutions to launch and manage a diverse range of financial products with speed and flexibility. The platform integrates a Product Studio, Rules Studio, and Pricing Engine, enabling users to visually design and deploy customized lending workflows without writing code. By connecting to a marketplace of over 40 integrated partners, LendAPI streamlines the integration of KYC/KYB services, credit bureaus, and core banking systems. The platform's decision engine facilitates A/B testing, backtesting, and shadow scoring, allowing clients to optimize their digital onboarding performance and make data-driven decisions in real time.
Target Audience
LendAPI primarily targets digital banks, fintech companies, and financial institutions seeking to rapidly launch and customize financial products while maintaining compliance and security.
Features
- No-code Product Studio for visually designing and deploying lending applications
- Rules Studio and Pricing Engine for real-time strategy implementation and customization
- Integration Marketplace with over 40 partners for KYC/KYB, credit bureau access, and core banking connectivity
- Decision engine for A/B testing, backtesting, and shadow scoring to optimize onboarding performance
- Support for custom machine learning models, Python code, PMML, and PKL files
- Bank-grade encryption and security with SOC 2 Type 2 compliance
- Scalable architecture capable of processing thousands of transactions per second
- API and webhook support for seamless integration with existing tech stacks