Peach Finance

Peach Finance provides an API-first lending software platform that, according to the vendor, enables businesses to launch and manage a diverse array of lending programs, such as buy now, pay later (BNPL), cards, personal loans, and business loans.

Key Features

Adaptive Core™: Peach Finance's Adaptive Core™ is a fully configurable loan management system that allows lenders to launch highly adaptive lending products in almost any asset class. It is designed to provide flexibility and enable lenders to test and iterate, even at scale.

Loan Replay™: Peach Finance's Loan Replay™ feature allows lenders to offer loans in various asset classes, including BNPL, cards, personal loans, and business loans. This feature gives lenders the ability to customize loan terms, interest rates, and repayment structures to potentially meet the specific needs of their borrowers.

Reporting: Peach Finance's platform includes comprehensive reporting capabilities, enabling lenders to track and analyze loan performance, borrower behavior, and portfolio metrics. Lenders can generate customizable reports to gain insights into key performance indicators and potentially make informed business decisions.

Immutable ledger: Peach Finance's platform utilizes an immutable ledger to ensure the integrity and security of loan data. This feature provides a transparent and tamper-proof record of all loan transactions, creating an audit trail for compliance and regulatory purposes.

200+ configuration variables: Peach Finance's platform offers over 200 configuration variables, allowing lenders to customize and tailor their lending programs to potentially meet specific requirements. Lenders can adjust variables such as interest rates, payment terms, and credit limits to align with their business strategies.

Servicing suite: Peach Finance provides a comprehensive servicing suite that covers various aspects of loan servicing, including customer relationship management, borrower portal, payment processing, and first-party collections. This integrated suite aims to streamline loan servicing operations and enhance borrower experience.

Compliance Guard™: Peach Finance's Compliance Guard™ feature helps lenders stay compliant with federal and state regulations by monitoring borrower status and scanning outbound communications. Lenders can set customizable rules and automated workflows to ensure adherence to regulations such as FDCPA, SCRA, TCPA, and UDAAP.

Self-Service Portfolio Migration™: Peach Finance offers a Self-Service Portfolio Migration™ feature, enabling lenders to migrate their loan portfolios seamlessly through the same APIs used for managing their Peach integration. This feature aims to potentially lower migration risks, reduce costs, and provide greater control over the migration timeline.

Partnerships and integrations: Peach Finance has partnered with leading technology, servicing, and reporting companies such as Visa, Mastercard, Lithic, Blend, and Marqeta. These partnerships and integrations provide lenders with access to card issuance, loan origination, and payment processing solutions.