Lendi recognised as one of Australia’s most innovative companies

Lendi recognised as one of Australia’s most innovative companies

Australia’s leading home loan platform Lendi has been recognised as one of Australia and New Zealand’s best innovators in the AFR BOSS Most Innovative Companies List 2020.

The Most Innovative Companies List is based on a rigorous assessment process managed by innovation consultancy, Inventium, in conjunction with a panel of industry expert judges. The assessment measures a top innovation implemented in the past two years.

“We are thrilled to be recognised for our industry leading work on our Approval Confidence technology,” says David Hyman, Co-founder and CEO of Lendi.

Lendi’s Approval Confidence™ addresses the lack of transparency in the home loan market by providing customers with a real-time indication of the likelihood of loan approval. It has been enabled by direct integrations between the Lendi platform and the back-end decision engines of some of Australia’s biggest banks and lenders.

“At Lendi, our mission to change the way Australians get home loans and Approval Confidence is one example of how we are using technology to deliver innovations that better serve the interests, needs and convenience of our customers,” adds Hyman.

Lendi is ranked #10 on the Banking, Superannuation and Financial Services list, from over 600 nominated organisations across Australia and New Zealand.

The judges look at how valuable the problem is that the innovation is solving, the quality and uniqueness of the solution, and the level of impact that the innovation has had. Inventium also assesses internal elements such as innovation culture, strategy, resources and process, which demonstrate a sustainable and repeatable approach to innovation.