Total amount raised
$1.6 Billions
Latest funding date
03/01/2022
Location
Lendable offers fast, friendly, and safe loans, allowing users to receive their money on the same day they apply. The platform is authorized and regulated by the Financial Conduct Authority, ensuring a secure and transparent lending process.
Keep reading to explore the intricacies of Lendable's fundraising journey and the investors backing this innovative platform.
What Is Lendable?
Lendable Ltd, previously known as Feather Media Ltd, operates in the financial services industry, specifically offering personal loans. The company is based in London, with its registered office at Telephone House, 69-77 Paul St, London, EC2A 4NW.
Lendable is committed to providing fast, fair, and secure loans, emphasizing simplicity, speed, and transparency. The company is authorized and regulated by the Financial Conduct Authority (FCA), ensuring a secure and responsible lending process.
How Much Funding Has Lendable Raised?
- Seed Round
- Amount Raised: £2.5M
- Date: December 2014
- Lead Investors: -
- Series A
- Amount Raised: $6.5M
- Date: October 2017
- Lead Investors: -
- Debt Financing
- Amount Raised: £300M
- Date: November 2017
- Lead Investors: -
- Grant
- Amount Raised: $450K
- Date: August 2018
- Lead Investors: FMO
- Secondary Market
- Amount Raised: -
- Date: March 2019
- Lead Investors: -
- Debt Financing
- Amount Raised: £500M
- Date: June 2019
- Lead Investors: Waterfall Asset Management
- Debt Financing
- Amount Raised: £200M
- Date: July 2019
- Lead Investors: GS Growth
- Secondary Market
- Amount Raised: £30M
- Date: March 2021
- Lead Investors: -
- Secondary Market
- Amount Raised: -
- Date: April 2021
- Lead Investors: -
- Venture Round
- Amount Raised: £210M
- Date: March 2022
- Lead Investors: Ontario Teachers' Pension Plan
Lendable has raised a total of $1.25B in funding.
Key Investors
- Ontario Teachers' Pension Plan
- Details: Ontario Teachers' Pension Plan is one of the largest and most sophisticated institutional investors in the world, managing the retirement funds of Ontario's 331,000 active and retired teachers. The organization is known for its diversified investment portfolio and long-term investment strategy.
- Investment Focus Areas: Infrastructure, real estate, private equity, public equity.
- Notable Investments: SpaceX, Epic Games, Ancestry.com.
- GS Growth
- Details: GS Growth is a division of Goldman Sachs that focuses on providing capital to growth-stage companies. The firm leverages Goldman Sachs' extensive network and resources to support the growth and expansion of its portfolio companies.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Uber, Spotify, Pinterest.
- Waterfall Asset Management
- Details: Waterfall Asset Management is an alternative asset management firm specializing in structured credit and private equity investments. The firm manages assets across a range of strategies, including high-yield credit and real estate.
- Investment Focus Areas: Structured credit, real estate, private equity.
- Notable Investments: Not publicly disclosed.
- FMO
- Details: FMO, the Dutch development bank, supports sustainable private sector growth in developing countries and emerging markets. The bank provides financing and investment solutions to businesses and projects that contribute to economic and social development.
- Investment Focus Areas: Renewable energy, agribusiness, financial institutions.
- Notable Investments: Not publicly disclosed.
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