What is Lending Express?
Lending Express operates as a sophisticated online lead-generator, bridging the gap between individuals and businesses seeking financing and a diverse network of independent loan providers. The platform functions as a comprehensive business loan marketplace, enabling small businesses to compare various funding options, including unsecured business loans, lines of credit, invoice factoring, and e-commerce financing. By leveraging technology and algorithms, Lending Express aims to optimize the funding process, enhance profit potential for its clients, and facilitate access to essential capital for growth across a multitude of industries.
How much funding has Lending Express raised?
Lending Express has raised a total of $15.2M across 3 funding rounds:
Angel/Seed
$2.7M
Debt
$2.5M
Series A
$10M
Angel/Seed (2018): $2.7M with participation from iAngels and Entree Capital
Debt (2019): $2.5M led by Viola Credit
Series A (2019): $10M supported by iAngels, Entree Capital, RIO Ventures Holdings, Benson Oak Ventures, and Magenta Venture
Key Investors in Lending Express
iAngels
iAngels Crowd Ltd is a venture capital firm based in Tel Aviv, Israel, specializing in early-stage investments and operating within the Venture Capital & Private Equity industry.
Entree Capital
Entree Capital is a venture capital firm that backs technology and product businesses from their early stages through scale-up, providing capital and strategic guidance.
Viola Credit
Viola Credit is a global alternative credit asset manager providing tailored credit solutions, including Growth Lending, to technology-driven companies.
What's next for Lending Express?
The substantial enterprise-level funding and recent strategic investment signal a strong growth trajectory for Lending Express. This capital infusion is expected to fuel further technological advancements within its lead-generation platform and expand its reach to a broader client base. The company is well-positioned to solidify its market presence as a key facilitator in the lending ecosystem, potentially exploring new service verticals or enhancing its existing offerings to better serve the evolving needs of small and medium-sized enterprises seeking financial solutions.
See full Lending Express company page
