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)
29 (est)+8%
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 Financials 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 Financials

GBP

Cash (31-Dec-2016)

6.2 m
GBPFY, 2014FY, 2015FY, 2016

Cash

1.1 m1.5 m6.2 m

Accounts Receivable

348.4 k2.3 m

Current Assets

1.5 m1.5 m6.3 m

PP&E

416.6 k4.1 m
    Y, 2016

    Financial Leverage

    1.3 k x
    Show all financial metrics

    Lendable's Web-traffic and Trends

    Lendable Online and Social Media Presence

    Lendable Company Life and Culture

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