Offers Equity
More information about location
3-5 days a week in office
Fintech Unicorn - Lending Platform
Be an early applicant
Fintech Unicorn - Lending Platform
201-500 employees
Be an early applicant
Offers Equity
More information about location
3-5 days a week in office
201-500 employees
To make consumer finance amazing: faster, cheaper and friendlier.
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Few candidates hear
back within 2 weeks
40% female employees
72% employee growth in 12 months
Mar 2022
$263.1m
GROWTH EQUITY VC
Sep 2017
$6.5m
SERIES A
Lendable competes with banks, other marketplace lenders, and consumer finance companies to provide loans to consumers, small businesses, and property developers. Last year the UK marketplace lenders loaned £7.3bn in total.
Lendable believes it can win in this crowded field due to its market-best customer service and its strong financials. Unlike Zopa, RateSetter, or Lending Works, their funding comes from institutional investors.
It originates and services the loans on behalf of institutional investors, but does not hold them on its own balance sheet.
Growing insolvencies will worry all marketplace lending platforms, but Lendable looks well placed to weather any credit storm given their substantial debt financing.
Steph
Company Specialist at Welcome to the Jungle