he Brief

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Pier is a Credit-as-a-Service API built for speed & flexibility that allows companies to ship credit products quickly and seamlessly to users

Founders

Jess Zhang

Alex Hegevall Clarke‍

‍Y Combinator (W23) Just Launched

^{David J. Phillips @davj / 9:00 AM PST • January 26, 2023} 

Pier has constructed an API that facilitates the launch of credit products, enabling any business to provide credit by managing origination, underwriting, compliance, and servicing with minimal code.

‎With Pier, companies can offer credit to their borrowers within their own app, while Pier's API seamlessly handles all operations behind the scenes.

‎Launching a credit product in the US can be a daunting task - it involves building a lending function from the ground up, incurring millions of dollars in costs for obtaining a bank charter. It can take months or years to implement. These challenges can impede the growth and profitability of a company and may not align with their core competencies. Using Pier, companies can launch their own credit products in a matter of weeks!

Speed is the key to success - the platform and implementation process are optimized to allow for a swift launch. Plus, it's built for developers, and the API-driven platform offers flexible modules to support the development of innovative credit products. With Pier, you have a compliance partner handling the most challenging compliance & licensing burdens so that you can focus on more critical aspects of your business, like your customers.

How does it work?

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If you’d like to use the platform, Contact Pier