In an interview with WeFinance, CEO Orion Parrott claimed that "Lendsnap came into existence from my experience as a real estate investor (15 years and counting). I did my first mortgage when I was just 20 so I’m familiar with the problems and challenges in the space — there’s a lot of inefficiencies.
When I started, I wanted to create a new credit score, but doing a bit more research, I realized there was a lot of competition. I then focused on mortgages; I wanted to improve a process that 15 million people go through every year in the US."
Check out the full interview at http://blog.wefinance.co/founder-corner-with-orion-parrott/