# Lendela Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lendela-pte

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.lendela.com
- Total disclosed funding: $8.9M
- Latest round: Series A (Nov 23, 2023)
- Investors on record: 11

## About

Lendela Pte. Ltd. was established in 2018 and based in Singapore. The company operates as an online loan broker that connects borrowers and financial institutions. Lendela Pte. Ltd. serves millions of loan applications in Scandinavia and Brazil throughout the years and now they expanded their operations to Malaysia, Thailand, and Hong Kong. In January 2021, the company has received USD 2 million in seed funding co-led by Promise Future International and 2be.lu.

The company offers loan application process for a house loan, car loans, and general financial assistance in the digital process. The application contains customers' personal and confidential information from different sources enables to have a customer-lender fit.

The company's revenue generated by offering a digital load process between customers and, banks and lenders.

## Funding rounds

- Series A, Nov 23, 2023, $5M — Phillip Private Equity, Cocoon Capital, Genting Ventures, Chocolate Ventures
- Series A, Dec 8, 2020, $2.9M — Vulpes Investment Management, 2be.lu, Investigate Network Capital, Promise Future International, NP Consulting LLC, The Scale Factory Pte. Ltd.
- Seed, Sep 12, 2018, $0.9M — Cocoon Capital, IMO Ventures

## Investors

- Cocoon Capital (https://capitalatlas.ai/funds/cocoon-capital) — Seed, Series A
- IMO Ventures (https://capitalatlas.ai/funds/imo-ventures) — Seed
- Vulpes Investment Management (https://capitalatlas.ai/funds/vulpes-investment-management) — Series A
- 2be.lu (https://capitalatlas.ai/funds/2be-lu) — Series A
- Investigate Network Capital — Series A
- Promise Future International — Series A
- NP Consulting LLC — Series A
- The Scale Factory Pte. Ltd. — Series A
- Phillip Private Equity (https://capitalatlas.ai/funds/phillip-private-equity) — Series A
- Genting Ventures (https://capitalatlas.ai/funds/genting-ventures) — Series A
- Chocolate Ventures (https://capitalatlas.ai/funds/chocolate-ventures) — Series A