Lendenclub

Mumbai, Maharashtra

Company Profile- LenDenClub LenDenClub is a leading peer-to-peer lending platform that provides an alternate investment opportunity to investors or lenders looking for high returns with creditworthy borrowers looking for short term personal loans. With 1 million+ investors on board, LenDenClub has become a go-to platform to earn returns in therange of 10%-12%. LenDenClub offers investors a convenient medium to browse thousands of borrower profiles to achieve better returns than traditional asset classes. LenDenClub has recently raised US $10 million in a Series A round from an association of investors. With the new round of funding, LenDenClub is valued at more than US $51 million and now aims to scale up substantially, eyeing a 5X growth in disbursals in the next 18 months. It has already disbursed more than 2000 crore worth of loans in this fiscal alone. The fresh capital will be used in aggressive expansion, taking its loan book growth to $1 billion and upscaling the user-base to 10 million from the current 2.5 million by FY 2022-23. With LenDenClub being the only P2P player in India breaking market milestones constantly, it is now comparable with overseas giants like Zopa and LendingClub in the UK and US respectively, both of which have now transitioned to a well established digital bank.Prime Responsibility- Understand the current system architecture from product, system, and business perspective.Think of the most optimum way to solve it.Decompose the user story/issue into smaller sub-task units such that any developers with little/noknowledge of the system can code them concurrently.Provide detailed specs for the solution proposed.Application development from scratch in multiple projects.Microservices, cloud infrstaructure, solution designing, application development mandatory.People management.Good experience of AWS or Azure, GCPExperience building large and complex systems.