14min chapter

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

Asia Tech Podcast

CHAPTER

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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