About Lendable
Lendable is a peer-to-peer lending platform that provides instant paperless loans.
Headquarters
Lendable, London
Founded
2014-01-01
Industry
Banking, Financial Services, FinTech, Payments
Last Funding Type
Series Unknown
Valuation
19
Total Funding
$1.61 billion dollars
IPO Status
Private
Financial
Lendable may be growing as it has recently provided significant debt funding to various companies, indicating an expansion of its lending activities. The company secured a $10 million debt funding deal with Validus, which suggests a strong capital position and the ability to support other businesses financially. Additionally, Lendable has facilitated a $7 million funding initiative for Sun King to expand clean energy access in Africa, demonstrating not only growth in financial terms but also an increasing presence in international markets and sectors such as clean energy. These investments are indicative of Lendable's active participation in the lending market and its capability to fund substantial projects.
Funding Rounds
10
Number of Lead Investors
4
Total Funding Amount
$1.61 billion dollars
Number of Investors
19