Viewing profile — jon-fry
jon-fry
HN member- Joined
- Sun, Jul 28, 2019, 9:17 PM UTC
- HN karma
- 34
- Public activity
- 15 items
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About jon-fry
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Recent public activity
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Comment #26386279
We handle everything (all support and onboarding) until the funds are disbursed by a 3rd party lender/funder. This is to keep the experience consistent across all of our financial …
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Comment #26386223
Not yet, although the UK is coming up soon for Lendflow. EU will be a bit later but is on the way as well.
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Comment #26386200
The platform would not then pay a % fee on loans it issues. They would only pay the subscription fees and any fees for using services through the API.
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Comment #26352348
that's right!
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Comment #26352345
1. We do vet lenders. We focus on bringing on the lenders with the best service, tech and reputation. We don't bring bad actors in the space, and if they don't service the borrower…
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Comment #26352294
We can help you serve Canadian customers as well. You are indeed a fit!
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Comment #26350313
You can do that, we have several customers launching a product for this purpose. You can also build services for a broader set other use cases. Including financing purchases like i…
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Comment #26349977
Definitely understand where you’re coming from, I think you're looking this through the lens of the way these types of programs have worked in the past. With us, these are always y…
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Comment #26349728
Yes, that's right. We have an endpoint where we can generate prequal offers for a business based on the transactional data. We can also incorporate into the package we send to lend…
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Comment #26349100
Those are companies providing consumer loans placed in a ecommerce checkout workflow. We're focused on business funding options placed in a broader set of workflows. Think lending …
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Comment #26349073
Marketplaces are great, but the lending product would be to the businesses on the marketplace. Not the consumer side.
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Comment #26348551
1. I think the main draw depends on the objectives of the customer. For many the priority is going to be improving retention, but for others it may be increasing revenue per user o…
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Comment #26348425
There's definitely some areas of overlap in that we're both offering the ability to add financing to a use workflow. Some differences are that we're focused on small business while…
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Comment #26348340
We've been building in the space for a number of years on previous products/companies. It's been a long learning process. All in all, I'd say at least that has gone into it!
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Launch HN: Lendflow (YC W21) – Infrastructure for embedded lending services
Hi HN! We’re Jon and Matthew, the co-founders of Lendflow ( https://lendflow.io ). We make it easy for software companies to embed lending services into their product. It allows yo…