LendAPI has joined the NayaOne Tech Marketplace.
It’s a no-code, end-to-end digital onboarding platform that helps banks to create a complete digital onboarding experience in minutes.
“We believe in partnerships and solving problems with a team of experts from all walks of life. NayaOne provides this ecosystem where the best software, platform and experts come together to solve some of the difficult issues facing us today in banking and finance. We are happy to be part of the NayaOne Tech Marketplace.” Timothy Li CEO, LendAPI
“We’re pleased to welcome LendAPI to the NayaOne Tech Marketplace. Banking is becoming more digital by the day. Therefore, it’s crucial for banks, particularly smaller-sized institutions like credit unions, community banks, and local and regional banks, to establish robust digital onboarding experiences.” Varun Resh Marketplace Manager, NayaOne
Many banks, particularly smaller ones, lack the technological infrastructure or expertise to compete effectively with larger institutions and neobanks in the digital realm.
LendAPI addresses this challenge by offering a no-code, end-to-end digital onboarding platform that empowers banks to create comprehensive digital onboarding experiences quickly and efficiently. Its Product Studio and Rules Studio combines do-it-yourself product building capabilities and underwriting rule building in one suite of tools.
LendAPI’s solutions level the playing field, helping smaller banks enhance their online presence and meet the evolving needs of consumers, particularly younger generations, who prefer mobile-native banking solutions.
With LendAPI, banks and financial institutions can enjoy:
Enhanced digital onboarding experience.
Increased operational efficiency.
Streamlined account opening processes.
Competitive advantage in the digital banking landscape.
Access to a wider customer base.
Accelerated growth in customer acquisition.
Improved transaction processing capabilities.
Enhanced customer satisfaction and retention.
Facilitating Millions of Transactions for a Publicly Traded, US-based Neobank
Operating in a highly competitive market, this neobank processes millions of transactions through LendAPI’s platform. It leverages LendAPI’s suite of digital banking solutions to enhance its customer experience and drive operational efficiency.
With LendAPI’s technology, this neobank has been able to streamline its digital onboarding process, providing customers with a seamless and user-friendly experience from account opening to transaction processing. As a result, it has achieved significant growth in its customer base and transaction volume.