Trade Lenda

Empowering Small Businesses with Inclusive Financing | Currently raising an Active Seed Round

General Information
Company Name
Trade Lenda
Founded Year
2021
Location (Offices)
Wilmington, United States +2
Founders / Decision Makers
Number of Employees
12
Industries
Financial Services, Fintech
Funding Stage
Pre Seed
Social Media

Trade Lenda - Company Profile

Trade Lenda, a fintech startup founded in 2021, aims to address the financing gaps of businesses across emerging markets, starting with Micro, Small, and Medium Enterprises (MSMEs). The company's slogan, "Digital Bank for the Underserved, starting with timely access to credit for MSMEs," reflects its mission to provide timely access to credit, four times faster than other alternatives in the market.

With its headquarters in United States, Trade Lenda has already made significant strides; it facilitated over $5 million in disbursements to MSMEs in Nigeria, generating over $400,000 in revenue within its first three years of operation. The startup's recent $520.00K Pre Seed Round investment on 27 January 2023 attracted support from notable investors including Expert DOJO, Techstars, Sovereign's Capital, Labs by ARM, and GetEquity.

Trade Lenda's success in addressing the financial needs of underserved businesses, combined with its impressive track record and backing from established investors, positions the company as a promising player in the financial services and fintech sectors. As the startup continues to expand its reach and impact in emerging markets, it presents an enticing opportunity for venture capital firms looking to invest in innovative solutions that drive financial inclusion and empowerment.

Taxonomy: digital bank, MSMEs, credit access, emerging markets, trade financing, alternative data sources, smart data algorithm, micro savings, investment, pension, trade lenda, supply value chain, emerging economies

Funding Rounds & Investors of Trade Lenda (2)

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Funding Stage Amount No. Investors Investors Date
Pre Seed Round $520.00K 6 Sovereign’s Capital, Hi2 Venture Fund +1 27 Jan 2023
Pre Seed Round $100.00K 3 01 Nov 2022

Latest News of Trade Lenda

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No recent news or press coverage available for Trade Lenda.

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