Lendable

Lendable is a peer-to-peer lending platform that makes borrowing money effortless.
Using technology, we have trimmed the fat from the traditional loan application process. The result allows us to make an instant decision, offer personalised rates, and transfer funds within minutes.
We look beyond applicants' credit score, offering loans to people with less-than-perfect credit histories, and charging them less than banks. This way, we provide fair rates to a wider range of borrowers.
Once customers have accepted our quote, we deposit their loan within minutes. Because our technology is brand new. Unlike banks, who use huge systems built at a time when the world was different.
The internet has made commerce faster, cheaper and safer. Time for finance to step up.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2014
Size (employees)
26 (est)+4%
Lendable was founded in 2014 and is headquartered in London, GB

Lendable Office Locations

Lendable has an office in London
London, GB (HQ)
8A Great Newport St

Lendable Data and Metrics

Summary Metrics

Founding Date

2014

Total Funding

$3.9 m

Latest funding size

$3.9 m

Time since last funding

almost 3 years

Investors

Lendable's latest funding round in December 2014 was reported to be $3.9 m. In total, Lendable has raised $3.9 m

Lendable Financial Metrics

GBP

Cash (31-Dec-2015)

1.5 m
GBPFY, 2014FY, 2015

Cash

1.1 m1.5 m

Accounts Receivable

348.4 k2.3 m

Current Assets

1.5 m3.8 m

PP&E

416.6 k4.1 m
Y, 2015

Financial Leverage

1.6 k x
Show all financial metrics

Traffic Overview of Lendable

Lendable Online and Social Media Presence

Lendable News and Updates

London P2P startup Lendable lands £100m

Lendable, a consumer lending platform, has announced a £100m investment by Waterfall Asset Management, a global credit investor. As the name suggests, Lendable offers personal loans, with its niche centred on instant approvals online. Previous backers in the peer-to-peer lender include Passion Ca…

A New York investment group is putting £100 million into UK marketplace lending startup Lendable

LONDON — New York-based Waterfall Asset Management has committed £100 million to be lent through UK peer-to-peer platform Lendable, amid growing interest from US investors in the UK marketplace lending sector. Waterfall Asset Management has committed the large sum to invest …

Lendable Company Life and Culture

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