Lending Loop is an online marketplace for Canadians to grow their savings by lending to growing local businesses. Borrowers can attain flexible financing at a fair rate that will help fuel business growth, allowing Canadian individuals and businesses to grow their wealth together.
Location: Canada, Ontario, Toronto
Employees: 11-50
Phone: +1 888-223-5667
Total raised: $2.5M
Founded date: 2014
Investors 3
Funding Rounds 2
| Date | Series | Amount | Investors |
| 25.03.2021 | - | $500K | - |
| 02.08.2017 | - | $2M | - |
Mentions in press and media 7
| Date | Title | Description |
| 03.05.2018 | Providing SMEs Access to More Capital: Lending Loop Syncs with Ontario Government | Online P2P lender Lending Loop has partnered with the Ontario government to launch a pilot project that will provide $3M in loans over the next two years, according to the Globe and Mail. The article indicated that the Ontario government wi... |
| 02.05.2018 | Ontario government launches $3 million pilot project with Lending Loop for small business loans | The Ontario government is providing P2P lender Lending Loop with $3 million to support loans to small businesses. The two-year pilot project will see the government providing 10 percent of each Lending Loop loan, meaning that over the durat... |
| 04.08.2017 | Lending Loop Raises $2M in Funding | Lending Loop, a Toronto, Canada-based peer-to-peer lending platform, raised $2m in funding. The round was led by the MaRS Investment Accelerator Fund with participation from a group of finance and technology investors. The company will use ... |
| 02.08.2017 | Lending Loop raises $2 million, launches automated investment platform | Toronto-based Lending Loop, a peer-to-peer lending platform, has raised $2 million in funding from the MaRS Investment Accelerator Fund. The round also saw participation from a group of finance and technology investors. Lending Loop said th... |
| 19.06.2015 | Lending Loop Receives Financing from the Kirsh Group | Lending Loop, a Toronto, Canada-based financial technology startup, received its first round of financing from the Kirsh Group. The amount of the deal was not disclosed. The company intends to use the funds to launch its peer-to-peer lendin... |
| 15.06.2015 | Today in funding: Snug Vest, Milestone Pharmaceuticals, Lending Loop | A first-time entrepreneur and a new startup one year in the making are finally seeing their hard work pay off. Here’s the latest on who raised how much, from whom. Snug Vest raises $500,000 in seed stage funding Snug Vest, an affiliate of V... |
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