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Developing a scalable payroll-integrated lending solution

Salarly partnered with us to enter the US payroll-linked lending market, developing an MVP in just 3 months and scaling it into an automated financial platform. The solution enables fast, fair, and compliant lending, allowing professionals to get loan approvals within 15 minutes while ensuring seamless payroll integration and SOC 2 compliance.
Web Development
Product Design

Client profile

Client profile


ClientSalarly
IndustryFintech
About clientSalarly is a fintech product backed by an international bank, offering payroll-linked loans for professionals. Entering a highly competitive US market, they needed a scalable, regulatory-compliant solution that maintained an intuitive user experience while meeting high technical and security standards.

Objective

Salarly aimed to develop a payroll-linked lending platform with seamless payroll provider integration for automatic repayments. The platform needed to be scalable, compliant, and capable of 15-minute loan approvals, minimizing operational risks.

By refining their MVP, Salarly sought to expand into new markets and provide a trusted alternative to payday loans, offering faster and more responsible access to credit.

Challenge

Streamlining Payroll-Linked
Lending & Repayments

Creating a seamless payroll-linked lending system requires automating risk assessment, employment verification, and fraud detection while handling real-time payroll data. The solution has to simplify compliance and enable automatic salary deductions for loan repayments without disrupting workflows

Seamless orchestration of Third-Party Services for instant loan processing

Efficient loan approvals rely on flawless integration with multiple third-party services - from employment and income verification to credit risk assessment and identity checks. Solution has to be a robust system that synchronizes data in real-time, minimizes delays, and automates the entire process, enabling instant and accurate loan decisions.

Scalable & Secure
Payroll Integration Infrastructure

Solution has to be a secure, scalable architecture that supports growing user bases, safeguards sensitive data, and maintains seamless payroll integrations without system bottlenecks.

Managing cross-jurisdiction compliance

Payroll deductions for loan repayments involve navigating complex, region-specific tax and labor laws. The platform must handle diverse compliance requirements, ensuring automatic deductions meet legal standards while accurately managing borrower tax implications.

Business Analysis & Information Gathering

The client set a business objective, and we took the initiative to ensure a fast and efficient MVP launch. Our team focused on deeply understanding Salarly’s business processes and market requirements to lay the groundwork for a scalable, compliant solution. We maintained close collaboration with the client through regular syncs, continuously refining requirements and enhancing project documentation.

Solution

We developed a scalable, fully automated lending platform that seamlessly integrates payroll-based loan processing with third-party compliance solutions. This solution directly addressed Salarly’s key business challenges by ensuring speed, regulatory compliance, employer adoption, and borrower trust. The platform is powered by 4 core engines.

Payroll-Integrated loan processing Web App

A user-friendly web application allowing borrowers to apply for loans, track progress, and make repayments via direct payroll deductions. Designed for speed, it ensures loan approvals within 2 hours.

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Employer & Customer Portals

Employers can onboard staff quickly, manage payroll integration, and track repayment statuses, while borrowers gain full transparency over their loan management.

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Admin Dashboard for Compliance &
Risk Oversight

A role-based control panel for Salarly’s internal teams to oversee loan processing, monitor fraud risks, and manage automated compliance reporting - ensuring scalability and security.

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Automated Risk Assessment Engine

Utilizing real-time payroll data, credit checks, and fraud detection algorithms, this engine streamlines risk evaluation, enabling fast, responsible lending without increasing default rates.

Core Engines

Desktop
Payroll-Integrated loan processing Web App
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A user-friendly web application allowing borrowers to apply for loans, track progress, and make repayments via direct payroll deductions. Designed for speed, it ensures loan approvals within 2 hours.

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Employer & Customer Portals
direction

Employers can onboard staff quickly, manage payroll integration, and track repayment statuses, while borrowers gain full transparency over their loan management.

Image
Admin Dashboard for Compliance &
Risk Oversight
direction

A role-based control panel for Salarly’s internal teams to oversee loan processing, monitor fraud risks, and manage automated compliance reporting - ensuring scalability and security.

Image
Automated Risk Assessment Engine
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Utilizing real-time payroll data, credit checks, and fraud detection algorithms, this engine streamlines risk evaluation, enabling fast, responsible lending without increasing default rates.

Tech Stack and Architecture

Engagement Timeline

Payroll-integrated loan processing

The system seamlessly connects with external payroll systems to ensure automatic loan repayment deductions. This eliminates missed payments, reduces default risks, and provides lenders with a reliable repayment structure. Unlike traditional bank loans, payroll-linked deductions offer borrowers a hassle-free repayment process while promoting financial discipline.

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Streamlined Loan Approvals

The platform automates loan approvals by using employment verification, payroll data analysis, and external credit checks to assess an applicant’s eligibility and risk profile. Employment verification confirms job status, income, and tenure directly from payroll data, ensuring accuracy and reducing fraud. This eliminates manual underwriting, speeds up approvals, and promotes responsible lending. Advanced algorithms evaluate financial factors to offer borrowers the most suitable loan terms.

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SOC 2 Compliant Security

The platform is designed to meet strict regulatory and industry security standards with SOC 2 compliance in mind. All data is encrypted, access is secured through multi-factor authentication, and continuous monitoring addresses potential vulnerabilities. This ensures the safe handling of sensitive payroll and financial data.

Multi-Tier Admin Dashboard

A comprehensive, role-based admin dashboard provides varying levels of access for Salarly’s internal team, employer administrators, and financial analysts. Loan approvals, repayment tracking, and compliance monitoring are centralized in one intuitive interface. Administrators can manage employer accounts and generate detailed financial reports.

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Third-party integrations

The system supports seamless integrations with external services through webhooks and API endpoints. This enables efficient data exchange with payroll providers, banks, and regulatory agencies, ensuring smooth workflows and accurate reporting.

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Fraud Prevention, KYC & KYB

To ensure borrower authenticity and prevent fraud, the platform includes identity verification protocols for both individuals (KYC) and businesses (KYB). It detects synthetic identity fraud, income misrepresentation, and other anomalies using advanced machine learning algorithms that monitor repayment behaviors. Continuous checks ensure only eligible borrowers gain access to loans.

Fast disbursement options

From registration to fund disbursement, the entire process takes no more than 15 minutes. Once approved, the system initiates an ACH transfer to the user’s bank account, providing fast access to funds without the high fees charged by payday lenders.

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Key Features

Desktop
Payroll-integrated loan processing
direction

The system seamlessly connects with external payroll systems to ensure automatic loan repayment deductions. This eliminates missed payments, reduces default risks, and provides lenders with a reliable repayment structure. Unlike traditional bank loans, payroll-linked deductions offer borrowers a hassle-free repayment process while promoting financial discipline.

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Streamlined Loan Approvals
direction

The platform automates loan approvals by using employment verification, payroll data analysis, and external credit checks to assess an applicant’s eligibility and risk profile. Employment verification confirms job status, income, and tenure directly from payroll data, ensuring accuracy and reducing fraud. This eliminates manual underwriting, speeds up approvals, and promotes responsible lending. Advanced algorithms evaluate financial factors to offer borrowers the most suitable loan terms.

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SOC 2 Compliant Security
direction

The platform is designed to meet strict regulatory and industry security standards with SOC 2 compliance in mind. All data is encrypted, access is secured through multi-factor authentication, and continuous monitoring addresses potential vulnerabilities. This ensures the safe handling of sensitive payroll and financial data.

Multi-Tier Admin Dashboard
direction

A comprehensive, role-based admin dashboard provides varying levels of access for Salarly’s internal team, employer administrators, and financial analysts. Loan approvals, repayment tracking, and compliance monitoring are centralized in one intuitive interface. Administrators can manage employer accounts and generate detailed financial reports.

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Third-party integrations
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The system supports seamless integrations with external services through webhooks and API endpoints. This enables efficient data exchange with payroll providers, banks, and regulatory agencies, ensuring smooth workflows and accurate reporting.

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Fraud Prevention, KYC & KYB
direction

To ensure borrower authenticity and prevent fraud, the platform includes identity verification protocols for both individuals (KYC) and businesses (KYB). It detects synthetic identity fraud, income misrepresentation, and other anomalies using advanced machine learning algorithms that monitor repayment behaviors. Continuous checks ensure only eligible borrowers gain access to loans.

Fast disbursement options
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From registration to fund disbursement, the entire process takes no more than 15 minutes. Once approved, the system initiates an ACH transfer to the user’s bank account, providing fast access to funds without the high fees charged by payday lenders.

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Results and Impact

Line

15min

Approval time achieved

85%

Of users opted for automated payroll deductions, improving repayment rates and reducing manual processes

7+

Seamless integration enabled fully automated loan approvals

60%

Less past due payments compared to the market average

20-30% APR

Optimized risk engine cut rates (vs. 400% market norm)

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