Lenpals selects Bricknode for digital loan management software
Bricknode, a leading SaaS financial services platform, today announced that Lenpals, a fintech start-up offering short-term personal loans, has selected its loan management solution, Bricknode Lending.
Lenpals is being launched to help redefine the short term lending industry and deliver affordable and responsible credit to consumers. Based in Sweden, Lenpals is developing its proposition from the ground up and plans to launch its services in early 2023.
By selecting Bricknode, Lenpals now has access to a complete loan origination and management system from which it can administer its lending product. Bricknode Lending handles the complete loan lifecycle and can be configured to support various lending propositions.
Lenpals is developing its customer application with technology firm Visionmate, which will integrate with Bricknode Lending via API.
“As we create our new lending product with Visionmate CTO Daniel Bjuhr, it’s imperative that we have the right loan management software in place so we can automate administrative processes and scale our operation without restriction,” said Richard Håkansson, System & Software Manager at Lenpals. “That’s why we chose Bricknode. Their industry expertise and offer of no setup fees were also huge advantages to a start-up business like ours.”
“Lenpals is a great example of how innovative new companies are creating the next generation of financial services,” said Erik Hagelin, Co-CEO of Bricknode. “In choosing our loan management software, Lenpals can focus on creating value through its customer application and go to market far quicker than if they built a solution themselves.”
Bricknode customers can also use its API to extend the capability of its software with third-party applications and Bricknode’s own add-ons, which include functionality such as credit scoring and tax management.
Contacts
Bricknode
Erik Hagelin, Co-CEO
+46 73 378 80 82
Certified Adviser
Amudova AB
+46 8 546 017 58
About Bricknode
Bricknode is a B2B-focused SaaS company that provides scalable, cloud-based software enabling financial companies to launch digital banking products at speed. The platform makes it easy for customers to build or transform almost any financial product with complete software for investment management, funds, lending, deposits and savings. The company also offers outsourcing solutions for back-office administration. Bricknode was founded in 2010 and supports financial companies globally. Find out more at bricknode.com or follow Bricknode on LinkedIn & Twitter.
About Lenpals
Lenpals was founded in 2019 by Joakim Kempe, Christoffer Myrbo and Prince A Tyrone. The business concept is to offer private individuals a secure app-based credit service with a focus on quick answers and easy handling. We offer quick loans up to SEK 2000. We offer superior round-the-clock service and above all we always put the customer first. Our service is mainly intended to help with unforeseen monthly expenses. We always carry out thorough credit and identity checks. With extensive experience from Handelsbanken's credit business, Lenpals CEO Björn Wass provides a stable platform to constantly evaluate the customer's needs to develop our services. Therefore, we welcome any feedback that can help us become a better creditor.
