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.

Finance

Challenge

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.

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Solution

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.

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Results

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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

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In Brief

Company

Zen Finans

Industry

Finance

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.