Karen Mays's Contact Details

Karen Mays's Company Details

LendFoundry- Technology to power faster digital loans

Irvine, California, US • 78 Employees
Information Technology & Services

LendFoundry has digitized the end-to-end loan origination and loan management process, allowing lenders to approve, disburse, and manage loans quickly and easily. Our scalable, flexible, robust, and affordable full-stack technology platform empowers lenders to reduce their time to market, service their customers, and monitor their loan portfolios, all while reducing risk and maintaining compliance. In fact, our customers have experienced some jaw-dropping successes when they’ve moved their loan operations to LendFoundry: 80%+ decrease in turnaround time for loan closures (24 hours vs 5 ~12 days) 10-12% increase in conversion rates & thus improved ROI on marketing spend 40% savings in cost of managing operations (underwriting, sales, support) In addition, LendFoundry integrates with 60+ third-party providers, such as ADP, DocuSign, multiple email service providers, and the three major credit unions through independent micro-services that were built to be accessed easily via API. Founded in Irvine, California in 2015, LendFoundry’s mission is to build the systems that will allow marketplace lenders to eliminate tech build out, minimize IT infrastructure and accelerate marketplace lender’s growth strategy. We enable digital lenders to focus on their core lending business, with access to latest acquisition, underwriting technologies, ready-made loan servicing software and portfolio benchmarking. LendFoundry is built on scalable technology and modular infrastructure as a turnkey solution for fintech startups and existing marketplace ventures. Please visit us at www.LendFoundry.com