Optimizing Loan Application Processing with No-Code

Zen Finans built one of Norway's largest marketplaces for refinancing using Appfarm and saved millions in the process.

2
Min. read
Video credit:

Client

Zen Finans

No-Code Solution

Custom platform enabling seamless and automated loan application process.

Use Case

With a growing customer base, Zen Finans needed a more scalable and cost-effective way to manage loan applications. Their previous system was too manual and rigid, limiting their ability to expand efficiently.  

Key Results

  • 50% reduction in development time compared to traditional software development
  • Millions in cost savings within the first two years
  • Improved scalability and adaptability, allowing for continuous innovation.

Developed by

Zen Finans

Industry

Financial Services

Challenges faced by client

Zen Finans had been handling their loan application processes with manual and static solutions, which didn’t scale well as their customer base began to grow. They saw the need for a digital solution, but traditional development meant high costs and long project timelines.

No-code solution process

Zen Finans chose to develop their solution using no-code, to avoid heavy reliance on external developers. They attended Appfarm’s no-code course and eventually developed a tailored, automated loan application system to streamline operations and reduce manual tasks. 

“Appfarms no-code platform allowed us to build our own custom, dynamic, and scalable platform without long and expensive development cycles. The ability to iterate and adapt in real-time has been a game changer for our business” - Simen Gundersen, Partner at Zen Finans

By leveraging the flexibility of Appfarm, they were able to continuously improve, adapt, and add to what has become one of Norway’s largest marketplaces for refinancing.

Key Results

  • 50% faster development time compared to traditional development 
  • Significant cost savings, exceeding several million NOK within two years
  • Scalable and adaptable system, ensuring long-term growth and efficiency
“Beyond efficiency, our no-code solution has enabled us to innovate continuously. With strong support from Appfarm, we’ve been able to grow and refine our system as needed. We see no-code as a strategic tool for future innovations” - Simen Gundersen

Learn from other industry leaders

Dive into in-depth examples of business applications developed by enterprises in different industries.

Discover how innovation leaders are achieving digitization without code, through real examples of applications custom-built to their specific needs.