NEW YORK, NY — The scaling challenges long faced by young lending companies are being addressed by companies like Peach Finance, who this week unveiled its Adaptive Core offering, a proprietary loan management system.
“Rigid lending infrastructure is a severe hindrance to many of today’s best-known lenders,” said Eddie Oistacher, Peach co-founder and CEO.
“And the pace of change in lending is only increasing. To survive and thrive, today’s lenders must have the ability to continually adapt to evolving technologies, trends, regulations, and market conditions.
“Peach is the only lending technology platform that allows lenders to be just as flexible at scale as they are at launch. The Adaptive Core is an entirely new paradigm that will empower our clients to continually iterate on existing lending products, even at scale, and to launch innovative lending programs with speed and flexibility. Our product update and refreshed brand are an extension of the same forward-looking approach—rooted in deep industry experience—that has defined Peach since our founding.”
The platform includes a loan management system, an integrated suite of proprietary servicing tools, and Compliance GuardTM, an automated compliance monitoring system. Peach said it supports virtually any non-mortgage consumer or business asset class and gives lenders access to more than 200 configuration variables for defining loan behavior. Existing clients will automatically have access to the full breadth of functionality provided by Peach’s Adaptive Core.
Peach also today launched a refreshed brand—including a new logo, visual identity, and website. They build on the company’s recent momentum, including a partnership with Mission Lane and selection as a launch partner for the Visa Ready for BNPL Program.
The rebrand features a collaboration with veteran designer Bobby Novoa of Bien Studio and software development agency Volume7.
“Peach is a one-of-a-kind technology innovator with a truly differentiated, best-in-class approach to lending infrastructure,” said Crayton Montei, Peach’s head of marketing and brand. “Its team of leading lending authorities has deep insight into the future of lending and a compelling vision for how to deftly guide clients through turbulent waters. With this updated brand, we sought to embody these differentiators in an improved visual identity.
“While our look has changed,” Montei continued, “our commitment to industry leadership, long-term thinking, and respect for every user remains the same.”