Loanify

Loanify simplifies P2P lending, microloans, and personal financing. A configurable engine sets interest rates, repayment frequencies, and grace periods. Lenders can invite borrowers to fill digital applications, verifying ID and income documents in-app. The system notifies lenders about upcoming payments or defaults, enabling early interventions. Automatic notifications prompt borrowers about due dates, and partial payments are tracked. Loanify’s analytics help identify high-risk borrowers, track total capital lent, and measure net returns. Ideal for small fintechs or credit unions wanting streamlined digital experiences for personal loans.