Lendica is building next generation lending infrastructure by leveraging benefits of open banking.

Consumer financing business is rapidly evolving driven by changes in customer expectations, developments in tech and regulatory framework. Legacy banking solutions and infrastructure are subject to continuous improvement as well. Lendica platform is suitable for both large legacy banks and their smaller fin-tech competitors. Their consumer finance app digitizes the credit granting process, removing credit card processors from it and thus eliminating credit card processing costs. Lendica digital solutions enable profitable customer base expansion for banks, quick’n’easy onboarding and attractive financing options for customers and financial incentive for merchants.