LendPathway Achieves 99.7% Reconciliation Accuracy on Financial Documents

NEW YORK, NY — March 2026 — LendPathway, a New York-based fintech providing underwriting automation for alternative lenders, announced that 99.7% of all ledgers processed through its platform now reconcile correctly. Every ledger is individually verified against the document it was extracted from, confirming that the transactions, balances, and totals all agree before any data moves downstream.

Over the past few months, the company reduced its reconciliation failure rate from 9.7% to1.9%, while average discrepancies dropped from 2.8% to 0.3% of book volume. Most platforms extract bank statement data without verifying that the numbers add up. When a transaction gets dropped or misread, the error carries into revenue calculations, debt positions, and credit decisions, and the underwriter has no way to know.

“If the math doesn’t add up, nothing downstream can be trusted,” said Andrew Bisch, cofounder of LendPathway. “Every ledger we process goes through multiple reconciliation passes. If there’s a discrepancy, it gets surfaced, not buried.”

Bank statements are notoriously difficult to parse. Formatting varies across institutions, transactions land in different sections, pages get cut off in scans, line items wrap across rows, and some statements only report daily totals instead of individual transactions. LendPathway’s system was built around these problems from the ground up. When a discrepancy does come through, it gets flagged, not rounded away.

The company has processed over $7B in cash flow since going to market in late 2025 and currently serves hundreds of underwriters across more than 20 financial institutions across North America, and growing.

To learn more, visit https://lendpathway.com