{"id":68537,"title":"Pier - The fastest way to ship your own loan products 🚀","tagline":"Credit Infra API built for speed \u0026 flexibility ","body":"👋🏻 Hey Alex \u0026 Jess here from W23 batch!\n\n## **✨ TLDR ✨**\n\nWe’re building an **API for launching credit products**. We enable any company to offer credit by handling origination, underwriting, compliance and servicing with just a few lines of code. Using Pier, our customers can offer credit to their borrowers/users without ever directing them outside their app, while Pier’s API powers the credit and compliance stack all under the hood.\n\n## **⛔️ The Problem ⛔️**\n\nLaunching a credit product in the US is extremely complex, expensive and time consuming — Companies have to build a lending function from scratch, pay millions of dollars for a bank charter, and spend months or years to implement. These combined factors often break the unit economics of a fast-growing company and are usually not part of a company’s core competency.\n\n## **✅ Our Solution ✅**\n\nPier enables companies to go live with their own credit product in weeks, not months!\n\n🔥 **Speed is our (and your) currency** - our platform and implementation process is designed to take you live in weeks, not months\n\n🚀 **Built for developers** - API driven, flexible modules to support innovative credit products\n\n📐 **Compliance partner** - leave the toughest compliance \u0026 licensing burdens to us, so you can focus on your customers. We help you understand your licensing and compliance needs, and provide you with compliance guardrails for long term sustainability. \n\n## **⚙️ How it works ⚙️**\n\n![uploaded image](/media/?type=post\u0026id=68537\u0026key=user_uploads/1218632/e12a53e0-8a14-4878-8362-da74840a0188)\n\n![uploaded image](/media/?type=post\u0026id=68537\u0026key=user_uploads/1218632/0a66540d-b85b-4903-868d-cb9b313be48d)\n\n## **🙏🏻 Our Asks 🙏🏻**\n\n* Reach out via our [contact us form](https://www.pier-finance.com/contact) if you’d like to use our solutions\n* Share this with folks you know building credit products\n* Give us an Upvote \u0026 share!","slug":"HpR-pier-the-fastest-way-to-ship-your-own-loan-products","created_at":"2023-01-18T23:25:45.982Z","updated_at":"2026-05-25T01:10:22.304Z","total_vote_count":255,"url":"https://www.ycombinator.com/launches/HpR-pier-the-fastest-way-to-ship-your-own-loan-products","share_image_url":"//bookface-static.ycombinator.com/assets/ycdc/yc-og-image-c440a0ad1dacfb86eeeb343717479cc54d256614449b4ef719977a0a451f8bc8.png","company":{"id":28175,"name":"Pier","slug":"pier","url":"http://www.pier-finance.com","logo":"https://bookface-images.s3.amazonaws.com/small_logos/eb10300785960d3b48dfff648ae5ee0f8ba40cfc.png","batch":"Winter 2023","industry":"B2B","tags":["Artificial Intelligence","Fintech","SaaS","B2B","Compliance"],"search_path":"https://bookface.ycombinator.com/company/28175"}}