What is Lenddo?
Founded in 2011, Lenddo aims to improve financial inclusion for a billion people globally by enabling financial service providers to access and serve new and underserved markets. The company leverages disruptive technology and new sources of digital data, such as mobile-social digital footprints, to achieve its mission. Lenddo's product suite includes credit scoring, processing hundreds of thousands of applications monthly worldwide, alongside digital verification and marketing insights solutions. Its strategic approach to financial inclusion positions it as a key player in the evolving fintech landscape.
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 Accel Partners, Omidyar Network, Metamorphic Ventures, Inovia, and Blumberg Capital
Private Equity (2013): $2.8M led by Metamorphic Ventures, Kickstart Ventures, Blumberg Capital, Accel Partners, Golden Gate Ventures, Inovia, and Omidyar Network
Series B (2015): $3.6M supported by Blumberg Capital, AT Capital, Golden Gate Ventures, Omidyar Network, and Life.SREDA
Key Investors in Lenddo
Blumberg Capital
Blumberg Capital is an early and growth stage venture capital firm that partners with visionary technology founders from inception to exit. The firm provides capital, serves as active board members, and offers hands-on advisory support to help companies navigate their growth journey.
Golden Gate Ventures
Golden Gate Ventures, founded in 2011 and headquartered in Singapore, is a leading venture capital firm specializing in early-stage investments across Southeast Asia. The firm focuses on high-growth sectors such as consumer internet, e-commerce, fintech, SaaS, and digital media.
Omidyar Network
Omidyar Network is a philanthropy focused on shaping the digital revolution to promote shared power, prosperity, and possibility. They engage with a diverse network of visionaries and innovators to influence the critical areas of culture, governance, business, and technology.
What's next for Lenddo?
With substantial backing, Lenddo is poised for accelerated growth and innovation. The company's focus on leveraging digital data for credit scoring and financial services in underserved markets suggests a strategic expansion into new geographies and product offerings. Future developments may include enhancing its AI-driven credit assessment capabilities and forging new partnerships with financial institutions to broaden its reach. The ongoing investment signifies confidence in Lenddo's model to drive financial inclusion and create sustainable value in emerging economies.
See full Lenddo company page
