We helped Lenny Credit launch their mobile lending app that targeted millennials, by working with the founding team to determine the most efficient regulatory structure. Then we built a fully managed, outsourced compliance solution that has served them well through product launch and an exponential growth phase. We are especially pleased to have helped Lenny fine tune their profit margins post-launch, by resolving compliance hurdles that were blocking their ability to monetize declined loan applications.
We helped LendingTree establish a new strategic partnership with one of the largest financial institutions in the US, by helping them pass the bank’s onerous vendor due diligence process.
At InnReg we work with online lenders in three key areas. First, we help determine the best regulatory structure based on your business model, technology and user acquisition strategy. And then we take the lead in articulating the compliance strategy to the regulators. Second, we develop and manage your compliance and operational workflows to efficiently process high volumes in user onboarding and transactions processing. And third, we take ownership of your compliance and back office operations on a fully outsourced basis, allowing you to focus on developing your product and acquiring new users.
Our diverse experience makes us highly adaptable to many types of alternative lenders. We can recommend the best technology stack to solve all your compliance and technology needs, both effectively and cost efficiently. The final recommendation often integrates proven third-party solutions into your proprietary technology to achieve the optimal result. All of our systems and databases are cloud-based, so your team has easy access day or night from onsite or remote locations.
Suspicious activity compliance:
Marketing, advertising and content compliance:
New client onboarding and application approval:
Account funding and funds transfer supervision:
CFFB and state regulators facilitator:
Consumer lending compliance and complaints:
Risk assessment and quality control review:
Information security procedures:
Electronic books and records management: