Capital Numbers’ carefully chosen tech stack was perfect for rolling out this software on time. We took care of everything from the backend APIs, VPN gateways, database layer, bulletproof security to server set-up.
Our critical contributions were in the following areas:
Full Loan Lifecycle
Through our solution, borrowers can engage in every aspect of their loan application journey:
- Registering online
- Uploading docs
- Monitoring loan status
- Tracking loan histories - all from their mobile devices
Web App and Chrome Extension Development
Our well-integrated web app helps users view and repay loans effortlessly. We also created the Chrome Extension that the users can easily install to keep all loan approval and funding data handy.
Our multi-level profile verification requires the applicants to register with their names, contacts, emails, etc., for effective cross-checks in the backend.
Easy Capture of Borrower Information
Our successful integration of Finicity and Innovis APIs helps the system capture the borrower’s bank details and KYC and define credit limits correctly.
Quick Credit Assessments
Moreover, the app scans every bank detail to check the borrower’s financial standing and immediately detect applicants with past defaults.
Accurate Data Scraping
Our well-scripted Chrome Extension scrapes off the product prices from shopping portals to determine the borrower’s eligibility to get a loan for the desired product.
Fair and Transparent Loan Approvals
Accurate data scraping also rules out human judgment, ensuring bias-free loan approvals/rejections.
Rapid Loan Issuance
We flawlessly integrated Dwolla API to enable the rapid funding that today’s borrowers look for.
Our flexible repayments hugely benefit those looking to pay back their loans in parts without burning a hole in their pockets.
Powerful SSL Encryption
As planned, we provided bank-level encryption to protect all data from illegal access.
Finally, we ran performance tests across multiple environments to get a 360° view of the product’s quality.
Enhanced, Paperless Loan Processing
Capital Numbers perfectly resolved all challenges related to security across the system. We met all regulatory standards to give financial scammers no chance.
We’re happy with the way our developers have simplified credit assessment by bringing all financial data to the fingertips.
Borrowers can now use this app for a faster application-to-closure process, taking all manual risks out of the equation.