LendFoundry

LendFoundry is a software-as-a-service platform for digital lending. Its loan origination system helps lenders take applications, verify borrowers and reach credit decisions without paper.

What LendFoundry offers

• Loan origination — a cloud-native system for managing the application process end to end.
• Automated decisions — automated borrower verification, underwriting and decisioning to cut manual errors.
• Data integrations — ready-made API connections to third-party providers, such as credit reporting, identity checks and anti-money laundering data.
• Multiple channels — applications can arrive online or through agents and sales teams.
• Document store — documents, consents and application data are kept digitally in one place.

Who it works with

Marketplace lenders and other lenders that want to avoid building their own technology.

Key facts

• Architecture: microservices, designed to scale
• Coverage: also provides marketing, acquisition, underwriting and loan servicing systems