Let's start lending! 🚀
Day 1 guide to starting digital lending on the Apollo Platform
Introduction🤩
Here’s a collection of APIs that are fundamental to digital lending on the Apollo Platform. This is the rock-solid foundation on which 40+ companies have embarked on their lending journey 🌈
Start your engines. You are now 48 hours away from doing your first digital loan! 🚀
Overview 🤓
All our APIs are organized around REST*. Our APIs have predictable resource-oriented URLs, accept form-encoded** request bodies, return JSON encoded** responses, and use standard HTTP response codes.
If the tech jargon is lost on you:
*Here is a quick explainer video on REST APIs
**Think of form-encoded as an acceptable format to post a request in.
**JSON ( JavaScript Object Notation) is a popular programming language
It’s simple to integrate, brilliantly documented, and most importantly suited to match your tech team’s ever-limited bandwidth
For ease of testing, we have distinct test and live environments. Switching over from test to live is easy: Simply change the URL and the unique key allocated by Apollo Finvest to production credentials and boom, you're live!
Documentation 📜
To make this Day 1 guide crisp, we have hand-picked a few core APIs out of our larger bouquet of 20+ APIs and split them into 5 broad categories as mentioned below.
KYC APIs:Â
We have integrations with leading players in the KYC automation space (Karza & HyperVerge). Their entire gamut of services are available with usÂ
Credit APIs:
The credit API can be chosen depending on the underlying raw credit bureau data on which the credit score is built
Loan Creation API:
This API is used to pass approved borrower personal data, loan data, KYC documents, and Loan Agreement through a single API to create loans on SonicÂ
Disbursement API:
We have made disbursement updates proactive and efficient. To know the status of the disbursements you can use our Webhook API
Collection APIs:Â
We have integrations with multiple payment gateways like RazorPay, Cashfree, PayU, etc. to enable different modes of collectionsÂ
All our API Responses are communicated via HTTP using following the status codes :
200 - OKÂ
Everything worked as expected
400 - Bad RequestÂ
The request was unacceptable, often due to missing a required parameter
401 - UnauthorizedÂ
No valid API key provided
402 - Request Failed
The parameters were valid but the request failed
403 - ForbiddenÂ
The API key doesn't have permissions to perform the request
404 - Not FoundÂ
The requested resource doesn't exist
409 - ConflictÂ
The request conflicts with another request (perhaps due to using the same idempotent key
429 - Too Many RequestsÂ
Too many requests hit the API too quickly. We recommend an exponential backoff of your requests
500, 502, 503, 504 - Server ErrorsÂ
Something went wrong at our end- Very Rare!
 How can Fintechs get started with testing? 🚀
Write to us at product@apollofinvest.com
We will share the postman collection containing these APIs for a quick trialÂ
Let the magic begin! ✨