About Lendapi
Lendapi is a Financial Services company based in Irvine (United States) by Timothy Li and Sam Xia. Lendapi has raised $3.22 million across 2 funding rounds from investors including Plug and Play Tech Center, Cohen Circle and Techstars. Its chief executive, as recorded, is Timothy Li. Its website lendapi.com draws about 73 thousand monthly visits. Lendapi offers products and services including Decision Engine, Product Studio, Underwrite AI, KYB - Know Your Business, and KYC - Know Your Customer. Its focus areas include FinTech, Alternative Lending, Enablers and Alternative Credit Score. Its competitors include Nova Credit and Applied Data Finance; 2 of its 2 listed competitors have raised funding.
Company details
Provider of a no-code platform for building and deploying lending products. This platform allows financial institutions to design the complete lending process, from application to offer, with a few clicks. It features real-time testing and extensive customization options. The platform integrates with various fintech tools, including CRMs and data providers, streamlining operations. A visual underwriting tool and a powerful decision engine enable the creation and deployment of complex lending rules quickly. The platform aims to accelerate time-to-market, reduce operational costs, and increase lending revenue.
- Headquarters Irvine, United States
- Founders Timothy Li, Sam Xia
- SectorsFinancial Services
- Website lendapi.com
- Social LinkedIn YouTube
- Total Equity Funding$3.22M (USD)
in 2 rounds
- Latest Funding Round$3.2M (USD), Seed
Nov 2024
- InvestorsPlug and Play Tech Center
& 5 more
Products & Services of Lendapi
Lendapi offers a comprehensive portfolio of products and services, including Decision Engine, Product Studio, Underwrite AI, KYB - Know Your Business, and KYC - Know Your Customer.
Tool for crafting and deploying lending rules with real-time data checks.
Platform to design lending flows using drag-and-drop interfaces.
AI system for automated loan evaluation and risk assessment.
Service for verifying business entities and compliance needs.
Tool for customer identity checks and regulatory compliance.
Integration for accessing credit data from external bureaus.
Apps and channels of Lendapi
its YouTube channel LendAPI has 48 subscribers and 27 videos.
Videos from Lendapi
The most watched videos on Lendapi's YouTube channel, LendAPI (48 subscribers). Click a video to play it here.
More on LendAPI.
Funding Insights of Lendapi
Lendapi has successfully raised a total of $3.22M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.22M
- Total Rounds 2
- Last Round Seed — $3.2M
- First Round $20,000
(Sep 2024)
- Investors Count 6
All 2 funding rounds of Lendapi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $3.2M | Seed | – | Cohen Circle | |
| Sep 2024 | $20,000 | Seed | – | Techstars | – |
6 investors in total: 6 institutional.
Investors in Lendapi
Lendapi has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Cohen Circle and Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are focused on fintech, financial services, and health sectors. | 2015 | cohencircle.com | New York, United States | |
Venture capital firm and accelerator focused on tech companies | greatnorthventures.com | Minneapolis, United States | ||
Venture capital-backed accelerator focused on healthcare and multiple sectors. | alleycorp.com | New York, United States | ||
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Venture capital firm focused on multiple sectors | interlock.capital | Encinitas, United States |
Investor details for Lendapi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Lendapi
3 people are tracked at Lendapi (3 in leadership).
| Name | Role | Group |
|---|---|---|
Timothy Li | Co-Founder & CEO | Leadership |
Sam Xia | Co-Founder | Leadership |
Jeremy Ahlgren | Chief Financial Officer | Leadership |
Complete people profiles for Lendapi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Lendapi
2 dated milestones of Lendapi, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $20K.
- Funding Latest funding round, Seed, of $3.2M.
Competitors of Lendapi
Lendapi has 2 listed competitors in our database, 2 of them funded. They include Nova Credit and Applied Data Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| novacredit.com | 2016 | San Francisco, United States | $156.25M | 51 | Nova Credit is focused on consumer credit data solutions. | |
| applieddatafinance.com | 2014 | New York, United States | $202.3M | Lender focused on non-prime and unbanked borrowers |
Detailed competitors of Lendapi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Lendapi
The website of Lendapi (lendapi.com) receives about 72.5K visits a month.
- Monthly visits72.5K
▲ 24.3% vs previous month
Websites whose visitors overlap most with Lendapi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ignitesales.com | 100% | 2.5K | #6,912,657 | View details |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Lendapi (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Lendapi
Complete news archive for Lendapi
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Frequently Asked Questions about Lendapi
Lendapi is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Timothy Li is the CEO of Lendapi, as recorded in our data. They have also founded this company.
Lendapi is a funded company, having raised a total of $3.22M across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Sep 2024.
Provider of a no-code platform for building and deploying lending products. This platform allows financial institutions to design the complete lending process, from application to offer, with a few clicks. It features real-time testing and extensive customization options. The platform integrates with various fintech tools, including CRMs and data providers, streamlining operations. A visual underwriting tool and a powerful decision engine enable the creation and deployment of complex lending rules quickly. The platform aims to accelerate time-to-market, reduce operational costs, and increase lending revenue.
Lendapi's top competitors include Applied Data Finance and Nova Credit.
Lendapi offers Decision Engine, Product Studio, Underwrite AI, KYB - Know Your Business, and 2 more products and services.
Lendapi has 6 investors. Key investors include Plug and Play Tech Center, Cohen Circle, Techstars, Great North Ventures, and AlleyCorp.