LendFoundry, situated in the heart of Irvine, California since its inception in 2013, stands as a guiding light in the world of fintech, especially in the realm of marketplace lending. Their purpose is crystal clear: to provide a one-stop solution for lending, taking businesses from the initial stages of marketing and customer acquisition, all the way through the intricate underwriting process, and finally to the crucial task of loan servicing.
What sets the site apart is its commitment to simplifying the complex world of technology for marketplace lenders. Their goal is to help these lenders avoid the headaches of extensive tech development, reduce their dependence on complex IT systems, and turbocharge their growth strategies. In essence, it steps in as the tech-savvy partner, allowing marketplace lenders to stay laser-focused on their core lending activities. They do this by providing access to the latest in acquisition and underwriting technologies, ready-made loan servicing software, and valuable portfolio benchmarking tools. LendFoundry's foundation is built on scalable technology and modular infrastructure, offering a turnkey solution that benefits not only fintech startups but also established marketplace ventures.