Lendable Limited

Lendable Limited is a UK-based financial technology company that specializes in providing personal loans with quick approvals and competitive interest rates, focusing on transparency and customer service. Lendable Limited, founded in 2014, is headquartered in London, UK. The company focuses on providing personal loans and has successfully executed eight deals, with the most recent deal occurring on April 26, 2021. The firm raised GBP 232.

7 million in funding, led by Teachers' Innovation Platform, and has a current valuation of GBP 3,608. 27 million. The company's founders include Jakob Schwarz, Martin Kissinger, Paul Pamment, and Victoria van Lennep, with Martin Kissinger serving as the CEO. Lendable Ltd specializes in offering personal loans ranging from GBP 1,000 to GBP 25,000, with repayment terms between one to five years.

Their services cater to various customer needs such as debt consolidation and home improvements. Utilizing a proprietary algorithm that assesses credit scores from TransUnion, Lendable tailors loan offers based on individual financial profiles, ensuring favorable terms. The company primarily operates within the UK, focusing on quick and reliable financing solutions. In the most recent year, 2022, Lendable generated a revenue of GBP 86,036,700.

70 and an EBITDA of GBP 16,333,044. 70. The business earns revenue through personal loans, charging interest on the borrowed amounts, with monthly repayment amounts calculated based on the loan amount and the interest rate agreed upon. In April 2021, Lendable Limited raised GBP 232.

7 million in venture funding, which will be utilized to support the company's international expansion and enhance operational and development efforts. The company aims to introduce new products targeting diverse financial needs and is exploring opportunities for geographic expansion into new markets, although specific regions have not been disclosed.