Lendscape and Validis partner to streamline SME lending
By Gloria Methri
Lendscape, the technology provider for all forms of secured finance, and Validis, the financial data API, have entered a strategic partnership to expedite access to working capital for SMEs.
Designed to be a flexible solution that streamlines lending processes, Lendscape supports a wide range of working capital and asset finance solutions.
Validis simplifies the process of extracting and standardizing financial data from small to medium-sized enterprises’ accounting packages.
With the new partnership, Validis’ on-demand business financial data has been integrated to enrich Lendscape’s Open Accounting solution. This will allow finance providers to access a broader suite of standardised datasets on-demand to better understand their business customers.
“We are excited to enter into this collaboration with Validis and add a world-class, innovative technology partner to the Lendscape ecosystem,” said Kevin Day, CEO at Lendscape. “We are focused on helping our clients, and the working capital finance industry worldwide, to enhance digitalization and simplification of receivables finance. The collaboration with Validis enhances connectivity to support these digitalization efforts, reducing administrative burdens, enabling better customer experiences, and exploring new avenues for growth and development for financial institutions.”
“We are extremely proud to be working with Kevin and the team at Lendscape, a highly reputable and established business with a successful track record in the market,” said Andrew Sanaghan, COO & Head of Financial Services at Validis. “By joining forces, Validis aims to provide the market with on-demand financial data through a seamless, single experience. We firmly believe that plugging into the broader ecosystem is the way forward making it possible to deliver what the market needs and revolutionising the future of business lending.
“As the market continues to change it is vital that technology providers work together. Lendscape and Validis share some of the same client base and with us connecting the dots, we are providing a complete solution with one data flow.”
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