Equity loan tracking and payment platform

I need the same! Ask a question

Location: UK
Industry: Fintech
onladder.co.uk

React.js

Redux

Node.js

Nest.js

TypeScript

PostgreSQL

Amazon RDS

Equity loan tracking and payment platform

I need the same! Ask a question

Client & product

OnLadder is a UK-based fintech company that provides equity loans to help cover a customer’s deposit, making homeownership more affordable for everyone. The company will lend a percentage of the property's value as a deposit for a home. OnLadder charges a slightly higher percentage of the property's value when the customer is ready to pay it back.

This client came to us requesting the creation of a customer portal that would display the client's loan data. A dashboard of this type is required to provide accurate and up-to-date information to their clients. Creating an admin panel for user management and adding clients was also necessary.

Challenges

Integration with a third-party payment system and calculation system was required for our client's service.

Furthermore, our team was required to gain a thorough understanding of the home valuation process in the UK so that the logic and architecture of the product were built in accordance with it.

Job done

Our team developed the project from the ground up, including the UI/UX design. In a relatively short period of time, we were able to integrate the third-party payment system GoCardless and launch the MVP.

Implemented features

Client dashboard

Clients can view details related to their equity loan, such as their home’s valuation, from a single dashboard.

Real-time loan information

The platform keeps track of all payment deadlines based on the client's repayment plan.

Staff/Admin management

An admin panel indicates various client data, including loan status, and balance.

Payment system integration

To make a single payment, clients can use the integrated GoCardless payment system.

Outcomes

OnLadder's web portal changes how first-time buyers can manage and pay their equity loans. First-time buyers can now easily and responsibly achieve their goal of climbing the property ladder by using a more flexible form of deposit financing.