L-Cloud and LendLedger's Process APIs have been used to process over $15 million in loans since early 2017, under white-label arrangements with Lenders in India
L-Lend lets Lenders - Lenders - Lenders originate loans using credit data made available by Data Providers. Lenders sign loan contracts with Borrowers and disburse loans to them make loans through the LendLedger network. Its three core services are loan origination, loan decisioning, and loan management. The software also processes banking transactions, signs blockchain transactions and contracts, and performs monitoring and compliance functions.
Lenders can use L-Lend to:
create "batches" of loan offers after assessing bulk data from Data Providers - Data Providers - Data Providers provide credit data they accumulate on households and businesses to Lenders and Borrowers.
originate loans via white-label mobile and web apps for Borrowers - Borrowers - Borrowers acquire their personal or business credit data from Data Providers. Identify loan offers from Lenders and apply for and receive loans.
originate loans via white-label web apps for remote loan agents
quickly configure products and criteria or internal / external algorithms
automatically approve loans and disburse funds (where bank APIs available)
analyze performance cohort-by-cohort and decision criteria-by-criteria
Sample L-Lend dashboard (indicative data)
Sample app screen
Contact LendLedger for more information on L-Lend and a demo
L-Data lets a Data Provider monetize data and track participation in the LendLedger network. It’s comprised of three main components: data marketplace, data analytics, and technical/integration portal. L-Data can also process fiat transactions and sign blockchain transactions and contracts.
With L-Data, Data Providers can:
- view activity in the data marketplace among Data Providers and Lenders
- offers datasets to Lenders and respond to requests for data from Lenders
- monitor results of lending to individual Borrowers or cohorts
- get step-by-step help integrating with LendLedger process and transaction APIs
- display all loan offers made on behalf of Lenders and acceptances
- view dashboards plus integrations with third-party analytics and reporting
- manage accounting for income from fees charged to Borrowers and/or Lenders
Contact LendLedger for more information on L-Data and a demo
L-Lend and L-Data include integrations to the following third-party applications and resources: