LendMe ApS

LendMe ApS, based in Denmark, is a technology-driven platform that facilitates loan comparisons across a range of financial institutions, aiming to enhance transparency and efficiency in the lending market for consumers. LendMe ApS is a digital platform that enables users to compare loan offers from various banks in Denmark. The company was founded in 2016 and is headquartered in Copenhagen, Denmark. Founders Carl Murmann, Christoffer Nylandsted, and Peter Wang have a background in financial services, contributing to the company's innovative approach.

In June 2021, LendMe ApS was acquired by Axo Finans AS, a portfolio company of Corsair Capital, to support its international expansion strategy. Financial terms of the deal were not disclosed. LendMe specializes in facilitating loan comparisons by allowing users to submit a single loan application, which generates multiple offers from various banks. The platform targets consumers in Denmark, offering access to personal loans, debt consolidation loans, auto loans, and mortgage loans.

By aggregating loan proposals, LendMe simplifies the decision-making process, enabling users to compare interest rates, fees, and terms effectively, serving over 300,000 Danish customers monthly. LendMe generates revenue through commissions earned from banks and financial institutions for each loan facilitated via its platform. Operating primarily under a B2C model, the firm offers a free and transparent service to borrowers, who receive varying loan offers based on their creditworthiness and market conditions. For the most recent fiscal year 2023, LendMe reported an EBITDA of EUR 1,098,696.

60. Following the acquisition by Axo Finans AS on June 16, 2021, LendMe intends to leverage this partnership for international expansion. The combined resources will enhance market reach and customer support, allowing for the development of new growth initiatives. Specific plans for new product launches and geographic expansions have not been disclosed.