LendInvest, a leading digital financing platform for the UK market, has commented on the importance of their plans to adopt better lending technology in 2022. The team has looked ahead to their business plans this year with their VP of Technology, Peter Wallis.
Peter Wallis joined LendInvest midway through last year as their new VP of Tech, helping the Fintech firm’s technology professionals “deliver the future of simpler mortgage lending.”
According to Wallis, LendInvest is “a very friendly and welcoming company,” where everybody is focused on supporting each other. The Fintech firm has put together an experienced team across design, product, engineering and data.
Addressing a question about what have been some of the major accomplishments for the tech team, Wallis noted:
“The biggest customer-facing accomplishment has been the launch of the Broker Portal enabling Brokers to submit bridging enquiries and applications digitally directly into Salesforce. Supporting this has been the continued development of the Genesys Case Admin Portal by extending existing third-party integrations across products, and implementing new services to accelerate our digital collection of data improving the speed of the packaging, underwriting and case management processes.”
“In the back end, the team migrated to a fully Cloud-based data platform based on an analytics engineering approach to data warehousing; streaming, transforming and orchestrating data using a suite of open source technologies to deliver data insights faster.”
Going on to comment on the first thing on the agenda for 2022, he revealed:
“With the IPO in July came significant investment for the company to enable us to grow the technology team.”
Wallis further revealed that the initial focus in 2022 is “on recruitment of new people into all areas of the team and fleshing out the plans for delivery of the key strategic business projects for 2022.”
He also mentioned that they are pleased to play “a large role in delivering and launching new products, as well as building on [their] current technology to automate more processes making it simpler for brokers to submit deals and for our teams to deliver them.”
He further noted that they “hope the technology team will grow from 55 to 100 people by the end of the year.”