Lendable

OverviewSuggest Edit

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.

TypePrivate
Founded2014
HQGreater London, GB
Websitelendable.co.uk

Latest Updates

Employees (est.) (Jun 2021)87(+7%)
Cybersecurity ratingAMore

Lendable Office Locations

Lendable has an office in Greater London
Greater London, GB (HQ)
128 Shoreditch High St
Show all (1)

Lendable Financials and Metrics

Summary Metrics

Founding Date

2014

Lendable total Funding

$5.2 m

Lendable latest funding size

$1.26 m

Time since last funding

2 years ago

Lendable investors

Lendable's latest funding round in July 2019 was reported to be $1.3 m. In total, Lendable has raised $5.2 m
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Lendable Revenue

Cash (31-Dec-2018)

14.2m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.1m1.5m6.2m7.9m14.2m

Accounts Receivable

348.4k2.3m

Current Assets

1.5m1.5m6.3m8.1m14.7m

PP&E

416.6k4.1m
FY, 2014

Financial Leverage

385.3 x
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Lendable Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Lendable Online and Social Media Presence

Embed Graph

Lendable News and Updates

How UK-based Lendable is powering fintechs across emerging markets

What moves the needle for digital lenders is serving loans to their respective customers. But where does this money come from? The pool is usually equity or debt. While some lenders use the former, it can be seen as folly because, over time, the founders tend to lose ownership of their businesses af…

Lendable Plans as Much as $180 Million Fresh Lending in 2021

Goldman-Backed Lendable Plans Up to $180 Million 2021 Loans

Indonesia’s KoinWorks bags $10m from UK-based Lendable

The P2P lender plans to use the new funds to support digital SMEs in the country during the Covid-19 pandemic.

Lendable hires new CIO and COO

Lendable, Inc., the London, New York, and Nairobi based technology-enabled funding provider to front...

Lendable Frequently Asked Questions

  • When was Lendable founded?

    Lendable was founded in 2014.

  • How many employees does Lendable have?

    Lendable has 87 employees.

  • Who are Lendable competitors?

    Competitors of Lendable include Zopa, Assetz Capital and MarketInvoice.

  • Where is Lendable headquarters?

    Lendable headquarters is located at 128 Shoreditch High St, Greater London.

  • Where are Lendable offices?

    Lendable has an office in Greater London.

  • How many offices does Lendable have?

    Lendable has 1 office.