Lend, a Sydney-based workflow and CRM platform for finance brokers, has entered a strategic partnership with New South Wales-based AI-native fintech provider LoanOptions.ai.
The integration of LoanOptions.ai’s full product suite for Lend brokers is underway, with the asset finance loan matching tool AILO already live.
The collaboration allows brokers using Lend to access LoanOptions.ai’s tools to provide clients with a digital application process under their own branding.
Andrew Beckett, Head of Broker & Third Party Distribution at Lend, said:
“Selecting LoanOptions.ai as a third-party integration was a strategic decision, their team has a deep understanding of the brokerage landscape and has invested years in building solutions that solve real operational challenges.”
Julian Fayad, Founder and CEO of LoanOptions.ai, said:
“This collaboration is a great demonstration of how two innovation-focused companies can join forces to eliminate the manual friction and lack of transparency that has historically slowed down the lending process.”
AILO is an ISO27001-certified, AI-native system that uses machine learning and neural networks to predict loan approval likelihood across a panel of over 90 lenders.
Customers need only provide a driver’s license, bank statement, and pay slip; the system then calculates eligible rates and fees within minutes.
Multiple applications do not affect a customer’s credit score.
Featured image credit: Edited by Fintech News Australia, based on image by muravev via Freepik
