Lendable
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 2.6m | 3.5m | 3.7m |
% growth | - | 35 % | 6 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | Series A | ||
$450k | Grant | ||
N/A | $140m | Debt | |
Total Funding | $450k |
Recent News about Lendable
EditLendable.io specializes in providing debt financing to fintech companies operating in emerging and frontier markets. By offering tailored financial solutions, Lendable.io supports the growth and innovation of fintechs in regions that are often underserved by traditional financial institutions. The company operates globally, with offices in Nairobi, New York, London, and Singapore, allowing it to tap into diverse markets and provide localized support. Lendable.io's business model revolves around extending credit to fintechs, which in turn use these funds to expand their operations and enhance their service offerings. The company generates revenue through interest on the loans it provides, ensuring a steady income stream while fostering financial inclusion and technological advancement in developing regions.
Keywords: debt financing, fintech, emerging markets, frontier markets, financial inclusion, innovation, credit solutions, global operations, revenue generation, technological advancement.