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jon-fry

HN member
Joined
Sun, Jul 28, 2019, 9:17 PM UTC
HN karma
34
Public activity
15 items

About jon-fry

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Recent public activity

  1. comment
    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 …

  2. comment
    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.

  3. comment
    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.

  4. comment
    Comment #26352348

    that's right!

  5. comment
    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…

  6. comment
    Comment #26352294

    We can help you serve Canadian customers as well. You are indeed a fit!

  7. comment
    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…

  8. comment
    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…

  9. comment
    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…

  10. comment
    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 …

  11. comment
    Comment #26349073

    Marketplaces are great, but the lending product would be to the businesses on the marketplace. Not the consumer side.

  12. comment
    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…

  13. comment
    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…

  14. comment
    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!

  15. story
    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…