What is Lenddo?
Founded in 2011, Lenddo operates at the intersection of big data and financial inclusion. The company provides a sophisticated suite of tools that enable financial service providers to assess creditworthiness by analyzing digital footprints and mobile-social data. By transforming unstructured information into actionable marketing insights and robust credit scores, Lenddo empowers institutions to serve the unbanked and underbanked segments of the population. Its market position is defined by its disruptive approach to risk assessment, which replaces traditional, often exclusionary, credit reporting methods with dynamic, technology-driven analytics.
How much funding has Lenddo raised?
Lenddo has raised a total of $13.9M across 3 funding rounds:
Series A
$7.5M
Private Equity
$2.8M
Series B
$3.6M
Series A (2012): $7.5M with participation from Metamorphic Ventures, Inovia, Blumberg Capital, Omidyar Network, and Accel Partners
Private Equity (2013): $2.8M led by Accel Partners, Kickstart Ventures, Blumberg Capital, Omidyar Network, Inovia, Golden Gate Ventures, and Metamorphic Ventures
Series B (2015): $3.6M supported by Golden Gate Ventures, Life.SREDA, Omidyar Network, Blumberg Capital, and AT Capital
Key Investors in Lenddo
Omidyar Network
Omidyar Network is a philanthropy focused on shaping the digital revolution to promote shared power, prosperity, and possibility, engaging with visionaries to influence culture, governance, and technology.
Blumberg Capital
Blumberg Capital is an early and growth stage venture capital firm that partners with visionary technology founders from inception to exit, providing capital and hands-on advisory support.
Golden Gate Ventures
Golden Gate Ventures is a leading venture capital firm specializing in early-stage investments across Southeast Asia, focusing on high-growth sectors such as fintech and consumer internet.
What's next for Lenddo?
With the support of its latest major strategic investment, Lenddo is well-positioned to expand its footprint in emerging markets where digital penetration is rapidly increasing. The company is expected to focus on enhancing its algorithmic precision and diversifying its product suite to include more comprehensive digital verification solutions. As it continues to scale, the firm will likely prioritize strategic partnerships with global financial institutions, aiming to integrate its scoring technology into mainstream banking infrastructure. This phase of growth will be critical in achieving the company's long-term mission of improving financial access for one billion people, while simultaneously solidifying its status as a leader in the global fintech infrastructure space.
See full Lenddo company page