# Lendable

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lendable-2

- Industry: Software
- Headquarters: London, UK
- Website: www.lendable.io
- Total disclosed funding: $6.5M
- Latest round: Series A (Oct 9, 2017)
- Investors on record: 3

## About

Lendable, Inc., based in the UK, is a technology-driven investment platform focused on delivering innovative financing solutions to fintech companies in emerging and frontier markets.Lendable, Inc. was founded in 2014 and operates from its headquarters in London, UK. The company provides financing solutions specifically for fintech firms. Daniel Goldfarb and Dylan Fried co-founded the company. In August 2018, Lendable secured a USD 0.45 million Grant from FMO, bringing its total amount raised to USD 6.5 mn through 3 deals.Lendable offers a technology-enabled investment platform that provides diverse financing solutions tailored for fintech companies operating in emerging and frontier markets. Central to its services is the proprietary technology, Maestro, which assesses risk and impact in real time, enabling lenders to gain insights into borrower portfolios and financial performance. Their client base spans various regions, including Africa, Southeast Asia, and Latin America, supporting high-growth enterprises aiming for positive social and economic outcomes.Lendable generates its revenue through partnerships and financing arrangements primarily with fintech companies. These transactions include direct investments and co-investment opportunities, which allow clients access to much-needed capital. Revenue is earned through fees associated with these financing solutions, though specific pricing details are not publicly available. Maestro enhances Lendable's reporting and analysis capabilities, allowing for customized financial solutions, thereby widening its client base across multiple geographical markets.To support its future growth, Lendable plans to continue enhancing its product offerings and expanding into new geographic markets. Specifically, the company seeks to increase its presence in Africa and Southeast Asia by leveraging the recent funding received in August 2018. The USD 0.45 million Grant from FMO will likely be utilized to further develop its technology platform and facilitate new partnerships aimed at broadening its market reach.

## Funding rounds

- Series A, Oct 9, 2017, $6.5M — Omidyar Network, Fenway Summer Ventures, KawiSafi Ventures
- Seed, Oct 29, 2015 — Fenway Summer Ventures

## Investors

- Fenway Summer Ventures (https://capitalatlas.ai/funds/fenway-summer-ventures) — Seed, Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A
- KawiSafi Ventures — Series A