The financial technology revolution is now entering the realm of mortgages. Lendesk is a startup that wants to improve of the process of securing a mortgage.
The Vancouver-based company acts as a customer relationship management platform for brokers and a loan organization system for lenders.
“We have been working on this for a while,” admits CEO Alex Conconi. “The industry has waited a long time for a change in technology, and and we wanted to make sure we could build something that is useful to mortgage professionals right away.”
Conconi says, as is the case for all fintech startups, Lendesk is strict about potential product, security and compliance concerns.
“We take security and usability very seriously,” he says. “We wanted to create a product that the Canadian mortgage industry could trust, so we have strict security protocols, and we store all of the data here in Canada.”
For brokers, Lendesk offers an all-in-one management app that pulls your existing Rolodex into its system and automates tasks. For lenders, there’s an API for data importing and exporting and an integrated e-signature component, among other features.