Home > News > featured news > Lendio Announces the Beta Launch of Its Cloud-Based, Lender Technology Platform

CLOUD APP DEVELOPMENT

Lendio Announces the Beta Launch of Its Cloud-Based, Lender Technology Platform

Lendio | February 24, 2022

Lendio Announces
Lendio, the nation’s leading small business financial solutions marketplace, announced the beta launch of its new lender-tech platform and loan origination software (LOS). This cloud-based platform will be the first to truly empower financial institutions with greater efficiency, speed and reduced risk while delivering a customer-centric and seamless experience for borrowers.

The LOS was developed to address specific pain points in business lending and allow Financial Institutions (FIs) to issue business loans at scale. The Lendio platform provides complete end-to-end LOS automated underwriting and eliminates the need for expensive manual loan processing, reducing costs and allowing FIs to expand the base of creditworthy customers.

“During the past two years and through PPP, we saw the challenges, inefficiencies, and inequities in business lending and the marketplace need for banks, lenders, and community development financial institutions (CDFIs) to have better lending solutions and technology to serve business customers, especially small businesses,” 

Lendio CEO Brock Blake

The technology’s beta launch is being coordinated with two of Lendio’s key partners from the Lendio Marketplace ecosystem of financial institutions. Each will have early access and provide feedback on features, workflows, roadmaps, and the customer experience.

Long-term, the lender-tech platform and LOS will become the foundation for a customer-centric product for banks, alternative lenders, and CDFIs seeking efficient and affordable underwriting solutions.

"We are overjoyed to enter the hands-on testing phase of our lender-tech platform after all of the work and dedication put into developing it," says Lendio Lender Tech & Services GM and Head of Corporate Strategy, Denada Ramnishta. "Working in collaboration with our FI partners and leveraging their input and insights will be key to fulfilling Lendio’s mission of making business lending efficient, seamless, and accessible to all business owners. We’re excited to rethink what’s possible for business lending."

Lendio anticipates an official launch of its lender-tech platform later in 2022.

About Lendio
Lendio is the nation’s leading online lending marketplace with a mission to make capital accessible to all small business owners in the U.S. Since its inception in 2011, Lendio has facilitated more than 300,000 small business loans and other financing options totaling over $12 billion. Lendio was named a Best Small Business Loan Of 2022 by Forbes Advisor, and has ranked on Fortune’s Best Workplaces in Financial Services & Insurance and Inc.’s Best Workplaces for three years running. In 2021, Lendio Gives, the company’s charitable giving program, exceeded $1 million in microloans to low-income entrepreneurs around the world.

Spotlight

SoundCommerce & Google Cloud provide retail brands with a single platform to run analytics at scale

SoundCommerce and Google Cloud provide retail brands with a single platform to run analytics at scale with all their data sources in one place. Google Cloud provides a secure infrastructure to protect customer data, while BigQuery enables scalable data sharing for retail brands to gain real-time strategic business insights through visualization dashboards. Drive profitable growth, customer experience and lifetime value across retail systems and channels — from first click to doorstep delivery.

More featured news

Spotlight

SoundCommerce & Google Cloud provide retail brands with a single platform to run analytics at scale

SoundCommerce and Google Cloud provide retail brands with a single platform to run analytics at scale with all their data sources in one place. Google Cloud provides a secure infrastructure to protect customer data, while BigQuery enables scalable data sharing for retail brands to gain real-time strategic business insights through visualization dashboards. Drive profitable growth, customer experience and lifetime value across retail systems and channels — from first click to doorstep delivery.

Related News

CLOUD APP DEVELOPMENT, CLOUD SECURITY, CLOUD DEPLOYMENT MODELS

InterVision Introduces MCS and PTaaS to Enhance Cloud and Security Services

InterVision Systems | February 01, 2023

On January 31, 2023, one of the leading information technology (IT) managed service providers InterVision, announced its new offerings, including MCS (Managed Cloud Services) for AWS and Azure cloud environments Penetration Testing as a Service (PTaaS) powered by RedSpy365. The two new services offered are enhanced and expanded cybersecurity designed to address the present business and resilience issues. MCS is built to fulfill mid- to enterprise-level requirements for operational and strategic readiness with its combination of security tools, cloud experts and proven processes and methodologies. Additionally, it includes cybersecurity features for cloud security posture management and workload protection. As a result, it eliminates the heavy lift linked with cloud operations and delivers strategic guidance to modernize, secure and optimize cloud-based workloads. InterVision's MCS foundational, full-service cloud services include 24/7 server-based, serverless, container-based, and DevOps automation and tooling support by level 2 and 3 cloud engineers. Additionally, it has cloud architects and service delivery teams who provide strategic configuration management and cost optimization advice. InterVision recently partnered with RedSpy365 with PTaaS, constant penetration testing that reveals real-time actionable threat intelligence, tracks metrics, identifies risks, and generates threat modeling reports. PTaaS lets customers map new threats and calculate financial impacts in real-time. In addition, the offering manages resilience, critical continuity, economic loss, compliance, and return on investment (ROI). About InterVision InterVision was founded in 1993 and is a leading managed service provider. The company delivers and supports complex solutions for mid-to-enterprise and public-sector organizations across the US. San Jose, California-based managed service provider offers the most comprehensive product portfolio management. In addition, it drives company outcomes with an unmatched focus on the customer experience to help businesses be more compliant, competitive, and secure.

Read More

CLOUD APP DEVELOPMENT, CLOUD APP MANAGEMENT, CLOUD DEPLOYMENT MODELS

Latest Mirantis Container Cloud Simplifies Operations Across On-Premises and Cloud Computing Infrastructure

Businesswire | March 29, 2023

Mirantis, freeing developers to create their most valuable code, today announced the latest version of Mirantis Container Cloud (MCC) that simplifies operations with the ability to monitor applications performance with a new Grafana dashboard and to make updates to Kubernetes clusters with a one-click “upgrade” button from a web interface. MCC provides a single point of control that spans multiple clouds and infrastructure platforms making it possible to easily manage clusters on OpenStack, VMware, bare metal, and leading cloud providers. It takes advantage of open source StackLight to provide monitoring, logging, and alerting that delivers comprehensive visibility over the entire infrastructure. New features in the latest MCC 2.23 include the following to improve monitoring and managing cloud infrastructure. Applications performance dashboard using Grafana that provides a live graphical view. Log forwarding to third-party systems so that StackLight logs can be shared using Fluentd plugins. High Availability setup for iam-proxy in StackLight ensures that the StackLight identity and access management (IAM) proxy remains available and responsive, even in the event of a failure. Persistent Volume Claims (PVC) configuration to simplify management of data storage. Upgraded Ceph storage support to Pacific 16.2.11 for improved performance and security, plus compatibility with additional hardware. MCC 2.23 is optimized so that disruptions are minimized with cluster reboots during upgrades and maintenance to ensure that services remain available and downtime is kept to a minimum. “The latest version of MCC helps deliver a zero-touch, ZeroOps experience that eliminates a lot of the complexity and headaches that come with managing infrastructure,” said Sergey Goncharov, senior product manager, Mirantis. “Also, it provides flexibility to transition from on-premises infrastructure to a hybrid model that includes cloud platforms.” About Mirantis Mirantis helps organizations ship code faster on public and private clouds, increasing developer productivity by removing the stress of managing infrastructure. The company combines intelligent automation and cloud native expertise to provide a ZeroOps approach to managing and operating Kubernetes and cloud environments. Mirantis delivers a public cloud experience on any infrastructure, from the data center to the edge, with one cohesive cloud experience for complete app and DevOps portability, a single pane of glass, and automated full-stack lifecycle management, all based on open source.

Read More

CLOUD APP DEVELOPMENT, CLOUD SECURITY, CLOUD APP MANAGEMENT

Wasabi Surveillance Cloud Offers 'Bottomless' Video Storage for Surveillance Growth in Demand

Wasabi Technologies | February 02, 2023

On February 1, 2023, the cloud storage company, Wasabi Technologies, introduced Wasabi Surveillance Cloud, a first-of-its-kind solution that avails organizations to offload video surveillance footage from local storage to the cloud without running out of space. This 'bottomless' approach to video storage is important for the surveillance industry, which is currently struggling to handle a lot of videos in high-resolution environments, growing file sizes, retention requirements, and strict regulatory and business and analytics applications tied to surveillance. Wasabi Surveillance Cloud addresses storage space, resolution related and other challenges head-on by designing a seamless hybrid storage environment that preserves present on-site technology investments and maximizes their ROI without letting them lose any of the benefits. Users of every significant video management system (VMS) can move videos that are not used often directly from their on-site servers to Wasabi hot cloud storage, which involves low cost than AWS S3, Google, or Microsoft Azure and doesn't charge for egress or API requests. The data on the video is kept "hot" so that it is always available and can be retrieved in milliseconds. With Wasabi Surveillance Cloud, a VMS technology that was once separated from the cloud, becomes cloud-aware in an instant, making it easy to switch to cloud storage. Wasabi Surveillance Cloud's Key benefits include easy integration with all of the major VMS providers, Industry-leading protection with immutability to stop ransomware or accidental deletions, data and video restoration direct from the cloud, globally deployed in top-tier data centers certified for SOC 2, ISO 27001 and PCI-DSS, on-demand scaling ability to avoid costlier server upgrades and to increase the framerate and resolution. Additionally, HIPAA, CJIS, FERPA, FINRA, and other primary industry and government regulations and retention requirements are fulfilled with this solution's help. About Wasabi Technologies Founded in 2017, Wasabi Technologies is a hot cloud storage company. Hot cloud storage is easy to use, low-cost, and quick to write to. Cloud storage from Wasabi is fast, cheap, and reliable. Wasabi, based in Boston, is a privately held company. It was started by David Friend and Jeff Flowers, who were among the first to use cloud storage. It is a partner of the Boston Red Sox and the official cloud storage partner of the Boston Bruins and Liverpool Football Club. Wasabi is one of the fastest growing and most innovative tech companies, trusted by its customers around the globe.

Read More

CLOUD APP DEVELOPMENT, CLOUD SECURITY, CLOUD DEPLOYMENT MODELS

InterVision Introduces MCS and PTaaS to Enhance Cloud and Security Services

InterVision Systems | February 01, 2023

On January 31, 2023, one of the leading information technology (IT) managed service providers InterVision, announced its new offerings, including MCS (Managed Cloud Services) for AWS and Azure cloud environments Penetration Testing as a Service (PTaaS) powered by RedSpy365. The two new services offered are enhanced and expanded cybersecurity designed to address the present business and resilience issues. MCS is built to fulfill mid- to enterprise-level requirements for operational and strategic readiness with its combination of security tools, cloud experts and proven processes and methodologies. Additionally, it includes cybersecurity features for cloud security posture management and workload protection. As a result, it eliminates the heavy lift linked with cloud operations and delivers strategic guidance to modernize, secure and optimize cloud-based workloads. InterVision's MCS foundational, full-service cloud services include 24/7 server-based, serverless, container-based, and DevOps automation and tooling support by level 2 and 3 cloud engineers. Additionally, it has cloud architects and service delivery teams who provide strategic configuration management and cost optimization advice. InterVision recently partnered with RedSpy365 with PTaaS, constant penetration testing that reveals real-time actionable threat intelligence, tracks metrics, identifies risks, and generates threat modeling reports. PTaaS lets customers map new threats and calculate financial impacts in real-time. In addition, the offering manages resilience, critical continuity, economic loss, compliance, and return on investment (ROI). About InterVision InterVision was founded in 1993 and is a leading managed service provider. The company delivers and supports complex solutions for mid-to-enterprise and public-sector organizations across the US. San Jose, California-based managed service provider offers the most comprehensive product portfolio management. In addition, it drives company outcomes with an unmatched focus on the customer experience to help businesses be more compliant, competitive, and secure.

Read More

CLOUD APP DEVELOPMENT, CLOUD APP MANAGEMENT, CLOUD DEPLOYMENT MODELS

Latest Mirantis Container Cloud Simplifies Operations Across On-Premises and Cloud Computing Infrastructure

Businesswire | March 29, 2023

Mirantis, freeing developers to create their most valuable code, today announced the latest version of Mirantis Container Cloud (MCC) that simplifies operations with the ability to monitor applications performance with a new Grafana dashboard and to make updates to Kubernetes clusters with a one-click “upgrade” button from a web interface. MCC provides a single point of control that spans multiple clouds and infrastructure platforms making it possible to easily manage clusters on OpenStack, VMware, bare metal, and leading cloud providers. It takes advantage of open source StackLight to provide monitoring, logging, and alerting that delivers comprehensive visibility over the entire infrastructure. New features in the latest MCC 2.23 include the following to improve monitoring and managing cloud infrastructure. Applications performance dashboard using Grafana that provides a live graphical view. Log forwarding to third-party systems so that StackLight logs can be shared using Fluentd plugins. High Availability setup for iam-proxy in StackLight ensures that the StackLight identity and access management (IAM) proxy remains available and responsive, even in the event of a failure. Persistent Volume Claims (PVC) configuration to simplify management of data storage. Upgraded Ceph storage support to Pacific 16.2.11 for improved performance and security, plus compatibility with additional hardware. MCC 2.23 is optimized so that disruptions are minimized with cluster reboots during upgrades and maintenance to ensure that services remain available and downtime is kept to a minimum. “The latest version of MCC helps deliver a zero-touch, ZeroOps experience that eliminates a lot of the complexity and headaches that come with managing infrastructure,” said Sergey Goncharov, senior product manager, Mirantis. “Also, it provides flexibility to transition from on-premises infrastructure to a hybrid model that includes cloud platforms.” About Mirantis Mirantis helps organizations ship code faster on public and private clouds, increasing developer productivity by removing the stress of managing infrastructure. The company combines intelligent automation and cloud native expertise to provide a ZeroOps approach to managing and operating Kubernetes and cloud environments. Mirantis delivers a public cloud experience on any infrastructure, from the data center to the edge, with one cohesive cloud experience for complete app and DevOps portability, a single pane of glass, and automated full-stack lifecycle management, all based on open source.

Read More

CLOUD APP DEVELOPMENT, CLOUD SECURITY, CLOUD APP MANAGEMENT

Wasabi Surveillance Cloud Offers 'Bottomless' Video Storage for Surveillance Growth in Demand

Wasabi Technologies | February 02, 2023

On February 1, 2023, the cloud storage company, Wasabi Technologies, introduced Wasabi Surveillance Cloud, a first-of-its-kind solution that avails organizations to offload video surveillance footage from local storage to the cloud without running out of space. This 'bottomless' approach to video storage is important for the surveillance industry, which is currently struggling to handle a lot of videos in high-resolution environments, growing file sizes, retention requirements, and strict regulatory and business and analytics applications tied to surveillance. Wasabi Surveillance Cloud addresses storage space, resolution related and other challenges head-on by designing a seamless hybrid storage environment that preserves present on-site technology investments and maximizes their ROI without letting them lose any of the benefits. Users of every significant video management system (VMS) can move videos that are not used often directly from their on-site servers to Wasabi hot cloud storage, which involves low cost than AWS S3, Google, or Microsoft Azure and doesn't charge for egress or API requests. The data on the video is kept "hot" so that it is always available and can be retrieved in milliseconds. With Wasabi Surveillance Cloud, a VMS technology that was once separated from the cloud, becomes cloud-aware in an instant, making it easy to switch to cloud storage. Wasabi Surveillance Cloud's Key benefits include easy integration with all of the major VMS providers, Industry-leading protection with immutability to stop ransomware or accidental deletions, data and video restoration direct from the cloud, globally deployed in top-tier data centers certified for SOC 2, ISO 27001 and PCI-DSS, on-demand scaling ability to avoid costlier server upgrades and to increase the framerate and resolution. Additionally, HIPAA, CJIS, FERPA, FINRA, and other primary industry and government regulations and retention requirements are fulfilled with this solution's help. About Wasabi Technologies Founded in 2017, Wasabi Technologies is a hot cloud storage company. Hot cloud storage is easy to use, low-cost, and quick to write to. Cloud storage from Wasabi is fast, cheap, and reliable. Wasabi, based in Boston, is a privately held company. It was started by David Friend and Jeff Flowers, who were among the first to use cloud storage. It is a partner of the Boston Red Sox and the official cloud storage partner of the Boston Bruins and Liverpool Football Club. Wasabi is one of the fastest growing and most innovative tech companies, trusted by its customers around the globe.

Read More

More featured news