Home›
Companies›
Corefin

Corefin

Y Combinator LogoW24
Active
fintech
finance
open-source
lending
infrastructure
San Francisco
 
https://corefin.com

Open-source lending infrastructure

Corefin is an open-source lending software that allows tech companies to build and launch lending products.

Corefin
Founded:2024
Team Size:2
Location:San Francisco
Group Partner:Michael Seibel
   

Active Founders

Hubert Tsen

Co-founder of Corefin. At Block, helped build, launch and scale Afterpay Pay Monthly ("Affirm for Square"). At Rubrik, worked as an MLE building Rubrik's Radar product, a ransomware and anomaly detection product.

Hubert Tsen
Hubert Tsen
Corefin
 

Albert Jo

Albert Jo
Albert Jo
Corefin
  

Company Launches

Corefin - Open-source lending platform

✨Star us on Github!

Hey YC! We’re building Corefin, an open-source loan management system that helps companies build and launch lending products.

Problem

With the growing popularity of embedded lending, many tech marketplace and fintech companies want to offer lending products to their customers. For example, Shopify, DoorDash, and Flexport offer loans to their merchants.

However, building the software infrastructure to launch a lending product is extremely complex and technically challenging— existing solutions in the market, which include traditional loan management systems (LMS), are inflexible and hard to integrate with.

When Hubert’s team evaluated different software building out consumer lending at Square, he learned that even the best solutions out there were hard to use, had poor uptime, and could not handle the performance and reliability requirements of a 24/7 e-commerce business.

Solution

We’re building a flexible and scalable way for companies to build lending products. Corefin has all the necessary features to build a powerful and compliant lending service in-house, including loan management, servicing, and reporting.

Also, we’re making Corefin open-source to give developers complete transparency and control to customize the code to their needs, with a simple and clean API spec.

About Us

We’re both software engineers with extensive experience in distributed systems, having worked at companies like Afterpay/Square, Uber, Rubrik, and Palo Alto Networks.

Hubert previously was a tech lead at Square, helping build, launch, and scale the loan engine powering Square’s lending program from 0 to over $300M GMV/year. Albert previously worked at Uber, where he helped build their membership service (Uber One).

Our Asks

  • Introductions to companies (fintech, neobanks, credit unions, tech marketplaces) that would be a great fit or are thinking of rolling out lending products.
  • If you built lending products in the past, we’d love to chat and learn more about your experience.
  • Drop us an email at founders@corefin.org, or visit our website at corefin.org.