Introduction to Fast Track Onboarding

The Fast Track Onboarding API is designed for partners who want to provide financing to their merchants, and need YouLend to:

  1. perform KYC and AML-related checks as required by regulation,
  2. disburse funds to the merchant (but where partner is ultimately bringing the capital and taking the risk), and
  3. manage repayments and reconciliation.

Please refer to Onboarding API if you expect YouLend to provide capital and carry the risk of potential defaults.

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Good to know

If you would like to learn more about fast track onboarding before exploring the API reference, visit the Introduction to Onboarding

Fast Track Onboarding Webhooks

YouLend has some event codes specific to Fast Track Onboarding, please see the table below for more information regarding each event.

Event CodeDescription
FAS10002Potential problems with KYC checks, please provide additional information
FAS10003Fast Track KYC Checks Rejected
FAS10007Fast Track Kyc Checks Completed