Lenmo
Banking · California, United States · 11-50 Employees
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Overview
Headquarters
1111 Broadway Ste 300, Oakland, Californ...Website
www.golenmo.comRevenue
$5.5 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
1
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About Lenmo
Lenmo is disrupting the lending industry. Lenmo is an intuitive and easy to use app that facilitates peer-to-peer lending by connecting people looking to borrow money with people looking to invest money. The app addresses two huge gaps in the market - limited options for small amount borrowing and limited short-term investing options that offer high returns. Lenmo has introduced the first free market platform for loans which means no more underwriting. The supply and demand will dictate the market interest rate. Borrowers simply request a loan up to $5000 and investors, provided with an unprecedented amount of credit bureau data on the borrower, make an offer based on the borrower's risk profile. This verified information ensures secure, low volatility investments. Thanks to our technology, our transaction costs are lower than alternative options/solutions and at no cost at all to investors. Lenmo is headquartered in San Francisco with offices in Toronto and Cairo.Explore more
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Revenue
Number of Employees
Type
Funding
Founded In
Lenmo
$5.5M
11-50
Private
-
2018
N/A
Company Profile Activity
Activity Insights
Lenmo is experiencing very low activity levels compared to other companies in the Finance sector.
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Lenmo is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Lenmo.
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Lenmo is disrupting the lending industry. Lenmo is an intuitive and easy to use app that facilitates peer-to-peer lending by connecting people looking to borrow money with people looking to invest money. The app addresses two huge gaps in the market - limited options for small amount borrowing and limited short-term investing options that offer hig... Read More
