Our patented transaction analytics functionality works by ingesting transaction data directly from your core, via API, or through batched data import. Transaction data is cleaned, labeled, categorized, and tabulated to be assessed against your loan policy to generate pre-qualified loan offers for your depositor customers.

For new loan applicants or those sourced through Lendio’s marketplace, our digital application collects transaction data from Finicity or through PDF statements via OCR technology. Similar to data from a core; Lendio cleanses, labels, categorizes, and tabulates data.