Rapid Finance unite with Mambu to offer Lending-as-a-Service
By Delisha Fernandes
Rapid Finance announced that its cloud-native digital end-to-end loan origination system (LOS), Decisioneer, integrates with Mambu, a cloud-based lending platform.
cloud-native digital end-to-end loan origination system (LOS), Decisioneer, is now integrated with Mambu a cloud-based lending platform.
Decisioneer provides borrowers and lenders with a seamless, customised user experience that significantly accelerates the loan decisioning and underwriting process. The platform helps borrowers gain access to needed capital through their lending partners quickly and efficiently.
For a small business, commercial and consumer lending, Decisioneer provides lenders with real-time insights, including detailed financial profiles, debt-to-income ratio and cash flow analysis through direct, API-driven connectivity to multiple data sources, allowing lenders to automate workflows and streamline their origination process.
Rapid Finance is focused on providing integrated Lending-as-a-Service (LaaS) solutions to its enterprise clients. With this partnership, enterprise customers can leverage the Decisioneer LOS and Mambu LMS as a single, seamless cloud-native platform for their lending operations, powering customer intake, origination, and servicing in a unified lending lifecycle platform.
“We are thrilled to partner with Rapid Finance, which has a strong track record of helping small businesses find sustainable and customised financing solutions,” said Andy Gregory, Mambu Head of Partnerships, North America. “Mambu’s integration with the Decisioneer next-generation LOS platform enables a streamlined, digital experience for end-to-end lending to meet better the needs of our customers in the SMB market.”
“Through its proven, cloud-based platform, Mambu has established itself as a leader in driving technology innovation and bringing a more modern approach to financial systems,” said Will Tumulty, CEO Rapid Finance. “That makes Mambu the perfect LMS integration partner for the Decisioneer LOS, built from the ground up to provide lenders and their business banking customers with access to a scalable and flexible cloud-based platform and data to support smarter, faster lending.”
IBSi Daily News Analysis
February 27, 2024
Saudi Arabia’s FinTech market poised for exponential growth: vision 2030 sparks innovation surgeRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage