Lerex Transforms App Creation by Building On Its Open-Source Technology

UK Fintech innovator Lerex launches tool to automate the creation of apps and MVPs.

London-based, Lerex, today announced ProductBuilder a tool which automatically creates apps and MVPs. The tool, illustrated by this video, will be available on Lerex’s website. Based on research from the target market on desired functionality and look & feel, ProductBuilder automatically generates the user’s app in minutes.

“This is a great innovative initiative” said Amir Choudary, CEO of XONDER, a Lerex customer, on learning the of the potential of ProductBuilder. “I wish something like this had been around when we were building our product”.

Richard Ney, Lerex’s CEO said, “I expect ProductBuilder to be mostly used for the development of MVPs, enabling companies to test ideas and attract investment more quickly”.

“But it will also be used for first-generation products, which will accelerate revenue generation for many new businesses.”

ProductBuilder works on top of Lerex’s groundbreaking Open-Source technology, which was announced at this summer’s Money20/20 Europe.

“In June we announced the release of our Open-Source UI, which we said would cut the development time of new products from months to days. And here we are, just a few months later cutting development times, for some, to minutes” continued Ney.

Watch the video for the tool at: https://vimeo.com/870455864/9614110136?share=copy,