Case Study: LendInvest achieves automated real-time compliance checks with Contego

LendInvest automates real-time due diligence checks with Contego

The customer, LendInvest, is a secured peer-to-peer commercial lending platform for UK mortgages, subject to FCA and Money Laundering Regulations. Their challenge was efficiently performing due diligence checks on all investors and borrowers to meet these strict compliance requirements. They worked with vendor Contego to address this.

Contego implemented its API, which LendInvest integrated into its own systems. This provided a fully automated solution that highlights risks in real-time and delivers a full compliance audit trail accessible via a management console. By using Contego's service, LendInvest achieved an automated and efficient due diligence process.

LendInvest