Lendable

company

About

Lendable is a peer-to-peer lending platform that provides instant paperless loans.

  • 101 - 250

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
£200M
Industries
Banking,Financial Services,FinTech,Payments
Founded date
Jan 1, 2014
Number Of Employee
101 - 250
Operating Status
Active

Lendable is a lending platform. When you borrow money, it comes straight from an investor. Unlike banks, who hand out loans from piles of cash they look after on behalf of savers. Their platform is super-fast (you’ll see in a moment), and makes lending as hassle- free as possible. It’s a matter of a few clicks and you get your quote. Unlike banks, who require paperwork and run expensive branch networks.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
£700M
Lendable has raised a total of £700M in funding over 2 rounds. Their latest funding was raised on Jul 16, 2019 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 16, 2019 Debt Financing £200M 2 Detail
Jun 11, 2019 Debt Financing £500M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Lendable is funded by 2 investors. NJF Capital and Varadero European Special Opportunities are the most recent investors.
Investor Name Lead Investor Funding Round
NJF Capital Debt Financing
Varadero European Special Opportunities Debt Financing