loanDepot announced on Monday the launch of its proprietary digital lending platform, mello, which is part of an $80 million investment in technology over the last 18 months. According to the online lender, the new platform is an end-to-end technology solution designed to scale with the business as America’s lender expands its product categories outside of home lending, its network as a service provider of credit-related products, and its joint venture partnerships. Read more: www.crowdfundinsider.com
