Lendable

Lendable is a UK-based lending platform that aims to revolutionize consumer finance by leveraging technology to streamline the loan application process. The company's mission is reflected in its slogan, "Bringing consumer finance into the digital world." Lendable offers borrowing options across loans, credit cards, and car finance, with a focus on simplifying and expediting the process. Using advanced technology, Lendable has been able to expedite the loan application process, providing instant decisions, personalized rates, and rapid fund transfers. Unlike traditional lenders, Lendable considers factors beyond credit scores, aiming to offer fair rates to a wider range of borrowers, including those with less-than-perfect credit histories. The company's innovative technology enables it to deliver a superior customer experience, catering to individuals who may have been underserved in the traditional financial market. Lendable's commitment to leveraging technology to enhance the lending experience is exemplified by its offerings, including Lendable loans, Zable credit cards, and Autolend car finance. Founded in 2014, Lendable operates within the financial services, fintech, payments, and banking industries. The company recently secured a significant £210.00M Venture Round investment on 10 March 2022, with funding from the Ontario Teachers' Pension Plan. This latest investment underscores the confidence of institutional investors in Lendable's vision and potential to disrupt the consumer finance landscape.