LenddoEFL
Latest round
- Series B
Last raised
- Oct 2015
Total raised
- $8M
Investors
- 8
About LenddoEFL
LenddoEFL specializes in providing digital financial solutions to improve credit access. Founded in 2011, the company is headquartered in Singapore. The CEO, MJ Kim, has a history of leadership in financial technology.LenddoEFL focuses on innovative digital financial solutions that enhance credit access for underserved populations. The company offers credit scoring and verification services, utilizing alternative data to assess the creditworthiness of individuals without traditional credit histories. This approach is particularly beneficial in emerging markets where conventional banking is limited, enabling consumers and small businesses to obtain loans and financial products that suit their needs.In the most recent fiscal year of 2018, LenddoEFL reported a revenue of USD 3,560,056. The company generated revenue through service fees charged to clients for its credit scoring and verification solutions, allowing financial institutions to access proprietary data analytics that inform their lending decisions.LenddoEFL is focused on expanding its product offerings and geographic reach. The company plans to launch new products aimed at further improving financial inclusion, with a timeline for release expected in the next year. Additionally, LenddoEFL intends to expand into new markets, specifically targeting regions in Southeast Asia and Latin America by 2022.00 mn will be strategically utilized to support these initiatives by enhancing technology capabilities and facilitating entry into these new markets.
Who invested in LenddoEFL
8 investors across 2 rounds
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Questions about LenddoEFL
Who invested in LenddoEFL?
LenddoEFL has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has LenddoEFL raised?
LenddoEFL has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did LenddoEFL last raise money?
LenddoEFL's most recent round on record is a Series B, in Oct 2015.
What does LenddoEFL do?
LenddoEFL specializes in providing digital financial solutions to improve credit access.
Where is LenddoEFL headquartered?
LenddoEFL is headquartered in Singapore, Singapore.
Which VCs invest in companies like LenddoEFL?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back internet companies at LenddoEFL's stage. Their profiles are linked below.
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