# LENDIT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lendit

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.lendit.co.kr
- Total disclosed funding: $54M
- Latest round: Series E (Jul 12, 2021)
- Investors on record: 4

## About

Based in Seoul, South Korea and founded in 2015, Lendit Co.,Ltd. is a company that develops and operates an online platform service that connects borrowers who are looking for an appropriate interest rate that suits their creditworthiness and investors who are looking for medium-risk-medium returns. Through its own screening model, it uses more data points than existing financial institutions to elaborately analyze borrowers, and transparently discloses the analyzed data to the platform to connect with a large number of investors. Through technological innovation, all financial transactions are 100% non-face-to-face, enabling more efficient fund management.

The company provides technological innovation through financial transactions that are 100% non face-to-face, enabling efficient fund management for its clients.

## Funding rounds

- Series E, Jul 12, 2021, $44M — H&Q Asia Pacific
- Series B, May 29, 2017, $8.9M — Altos Ventures, Collaborative Fund, Yellow Dog
- Series A, Jul 18, 2016, $1.1M — Altos Ventures

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A, Series B
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series B
- Yellow Dog — Series B
- H&Q Asia Pacific (https://capitalatlas.ai/funds/h-q-asia-pacific) — Series E