Lendscape, a technology provider for the secured finance industry, and Validis, a financial data API provider, entered a strategic partnership to accelerate digitalization and innovation in the business finance market.
With the new partnership, Validis’ on-demand business financial data has been integrated into Lendscape’s open accounting solution, allowing finance providers access to a suite of standardized data sets on-demand.
“We are excited to enter into this collaboration with Validis and add a world-class, innovative technology partner to the Lendscape ecosystem,” Kevin Day, CEO at Lendscape, said. “At Lendscape, we’re focused on helping our clients, and the working capital finance industry worldwide, to enhance digitalization and simplification of receivables finance. The collaboration with Validis enhances connectivity to support these digitalization efforts, reducing administrative burdens, enabling better customer experiences and exploring new avenues for growth and development for financial institutions.”
“We are extremely proud to be working with Kevin and the team at Lendscape, a highly reputable and established business with a successful track record in the market,” Andrew Sanaghan, COO and head of financial services at Validis, said. “By joining forces, Validis aims to provide the market with on-demand financial data through a seamless, single experience. We firmly believe that plugging into the broader ecosystem is the way forward making it possible to deliver what the market needs and revolutionizing the future of business lending. As the market continues to change it’s vital that technology providers work together. Lendscape and Validis share some of the same client base and with us connecting the dots, we’re providing a complete solution with one data flow.”
