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Fundr

Business lending reimagined

Business lending reimagined

In short - Fundr truly reimagines financing for small and medium businesses. Bringing a process from 3 weeks down to 15 minutes. With the latest technology in banking, we digitized the business lending process.

In short - Fundr truly reimagines financing for small and medium businesses. Bringing a process from 3 weeks down to 15 minutes. With the latest technology in banking, we digitized the business lending process.

Situation

A Dutch bank faced a challenge with its business loan application process, which was overly complex and could take up to three weeks for approval. Entrepreneurs needed a faster, more transparent, and flexible way to explore financing options.

Situation

A Dutch bank faced a challenge with its business loan application process, which was overly complex and could take up to three weeks for approval. Entrepreneurs needed a faster, more transparent, and flexible way to explore financing options.

Situation

A Dutch bank faced a challenge with its business loan application process, which was overly complex and could take up to three weeks for approval. Entrepreneurs needed a faster, more transparent, and flexible way to explore financing options.

Action

The lending process was fully digitalized using design thinking. The team of three built Fundr from scratch, integrating it into a centralized design system and iteratively optimizing it.

Action

The lending process was fully digitalized using design thinking. The team of three built Fundr from scratch, integrating it into a centralized design system and iteratively optimizing it.

Action

The lending process was fully digitalized using design thinking. The team of three built Fundr from scratch, integrating it into a centralized design system and iteratively optimizing it.

Result

Fundr slashed loan application times from three weeks to just 15 minutes and the resulted in the disbursal of thousands of loans, totaling several billion euros (and counting).

Result

Fundr slashed loan application times from three weeks to just 15 minutes and the resulted in the disbursal of thousands of loans, totaling several billion euros (and counting).

Result

Fundr slashed loan application times from three weeks to just 15 minutes and the resulted in the disbursal of thousands of loans, totaling several billion euros (and counting).

About Fundr

PSD2

PSD2

With the newest PSD2 technology, Fundr made it possible to check loan capacity at speed.

In a unified system, we identified 27 different solutions.

In a unified system, we identified 27 different solutions.

Know your loan capacity and rates in 15 minutes. Get funds the next day.

Know your loan capacity and rates in 15 minutes. Get funds the next day.

We reduced the request to disbursement process from ca. 3 weeks to 48 hours.

Fundr is a web application

Desirable, Feasible, Viable

Fundr was developed with a three lense approach in order to secure success

Design process

Research

We did interviews to understand user needs, researched competitors, and researched psychological safety for digital banking.

Define

We outlined product requirements using service blueprints, user flows and kept track of research and changes through customer journey maps.

Design

We designed our products in sprints and we set up a design system to collaborate and design our product.

Validate

We user tested our products every other sprint as well made data driven design changes.

Fundr application process

Excerpt from design components

With Fundr I worked on the following topics

PSD2 and data management

Making secure reading and/or uploading financial data a pleasant experience.

Comparing and configuring loans

Making sure financial leases, overdrafts, mortgages, and money loans could easily be compared and configured.

Complex legal structures

Putting together a company tree with shares and ownerships in an intuitive manner.

Sector specific flows

Guiding users who, because of their industry sectors, like agriculture or automative need to fill in specific requirements for their loan.

Financial restructuring and recovery

When unexpected financial troubles occur, people need all the support they can get.

Multi loan offers

Helping users stack loans when applying for numerous loans at once.

Collateral

Flows to make filling in details about your collateral easy and understandable.

Eligibility checks

Helping users quickly find our and understand why they are or are not viable for a loan.

Check your eligibility

Tell us what you want to finance

See your offer

Special thanks to..

Deborah Schrijver

UX Lead

Marnix kickert

UX Designer

Felicia Goh

UX Designer

Made with coffee in Amsterdam

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