LendKey’s mission is to transform a $3.2 trillion consumer lending market by connecting thousands of financial institutions to millions of borrowers online.
They are accomplishing this through their Lending-as-a-Service Platform (LaaS), which allows financial institutions to create custom online lending programs and bring low-cost loans directly to consumers. Through their turnkey solution, LendKey allows credit unions and community banks to quickly launch online lending programs, attract new borrowers and grow their portfolios. LendKey’s staff and platform take care of every aspect of online lending, including demand generation, online decisioning, loan origination, loan servicing, and balance sheet management.
Unlike anyone else, the LendKey Network allows consumers to compare loans from multiple lenders, see rates in real-time, and complete the loan in one seamless integrated experience. LendKey’s dedicated customer support and technology ensure a consistent experience through the entire loan application and disbursement process. LendKey offers online lending programs in student loans, home improvement loans and auto loans. They have over 90 employees with offices in New York and Cincinnati, Ohio.