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EP 299 - Nima Karimi - Founder and CEO of Lendela - We’ve Become Very Good at Building APIs

Asia Tech Podcast

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Improving the Loan Application Process

This chapter discusses how Lendella aims to improve the loan application process for borrowers by using a reverse auction model. Lendella's data engine matches customers with the best lender or bank based on their profile, and presents pre-approved offers for borrowers to review and select. The chapter also explores the importance of data analytics in matching customers with suitable lenders.

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