Short-Term Loan Alternative Platform, Leap Credit, Uses Apptega to Manage Multi-State Regulatory Compliance

Founded in 2017, Leap Credit LLC provides a wide range of credit products for customers’ daily needs, offering a transparent and secure way to quickly apply and get approved for much needed short-term loans through their online application portal. Its proprietary, fully automated loan management platform can write loans within 6 seconds and has the capacity to fund loans in 5 minutes. Machine learning combined with traditional credit models have enabled Leap Credit to offer credit to unserved customers who major financial institutions are not lending to. This advanced technology helped the company grow from providing lending services in a single state to eight states in less than one year.



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