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Lendable
http://lendablemarketplace.com/Last activity: 05.07.2019
Active - Reference to Global Financial Comparison Website
Access to debt financing remains a considerable constraint for fast-growing pay-as-you-go solar companies that rely on asset-leasing. Lendable is the first technology-enabled deal platform designed specifically for alternative asset-backed lenders and finance providers in frontier markets. The company is developing unparalleled capability to de-risk debt and bring new financing into the region and the pay-as-you-go sector, and its platform enables local companies to raise scalable forms of off balance sheet financing in weeks.
Total raised: $450K
Investors 1
| Date | Name | Website |
| - | KawiSafi I... | kawisafi.c... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 23.08.2018 | Grant | $450K | - |
Mentions in press and media 8
| Date | Title | Description |
| 05.07.2019 | Eight Kenyan fintech startups to keep an eye on | With the 2007 launch of mobile-money transfer service M-Pesa by Vodacom for Safaricom, Kenya has led the world in mobile money. Inspired by this revolutionary fintech solution — which is used by 30 million users in 10 countries — a crop of ... |
| 05.07.2019 | Eight Kenyan fintech startups to keep an eye on | With the 2007 launch of mobile-money transfer service M-Pesa by Vodacom for Safaricom, Kenya has led the world in mobile money. Inspired by this revolutionary fintech solution — which is used by 30 million users in 10 countries — a crop of... |
| 22.03.2019 | Nigerian fintech startup Amplify acquired by OneFi for undisclosed amount [Updated] | Payments solutions startup Amplify has been acquired by Nigerian finance company OneFi for an as yet undisclosed amount. In a statement announcing the acquisition yesterday (21 March), Lagos based Amplify said the deal — which took effect ... |
| 22.03.2019 | Nigerian fintech startup Amplify acquired by OneFi for undisclosed amount [Updated] | Payments solutions startup Amplify has been acquired by Nigerian finance company OneFi for an as yet undisclosed amount. In a statement announcing the acquisition yesterday (21 March), Lagos based Amplify said the deal — which took effect o... |
| 08.03.2019 | Nigeria’s OneFi secures $5m debt facility for its Paylater mobile platform | Lagos based finance company OneFi today announced that is has secured a $5-million debt facility from New York and Nairobi-based debt platform Lendable. In a statement today (8 March), OneFi said the investment will be used to deploy more l... |
| 08.03.2019 | Nigeria’s OneFi secures $5m debt facility for its Paylater mobile platform | Lagos based finance company OneFi today announced that is has secured a $5-million debt facility from New York and Nairobi-based debt platform Lendable. In a statement today (8 March), OneFi said the investment will be used to deploy more ... |
| 23.08.2018 | Kenyan fintech Lendable secures $450k grant from Dutch development bank FMO | Nairobi-based fintech Lendable has secured a $450 000 convertible grant from Dutch development bank FMO. In a statement today (23 August) FMO said the grant will provide a “first loss” backstop that is expected to unlock an additional $4.5-... |
| 23.08.2018 | Kenyan fintech Lendable secures $450k grant from Dutch development bank FMO | Nairobi-based fintech Lendable has secured a $450 000 convertible grant from Dutch development bank FMO. In a statement today (23 August) FMO said the grant will provide a “first loss” backstop that is expected to unlock an additional $4.5... |