Lenddo
Founded Year
2011Stage
Merger | MergedTotal Raised
$17.6MMissing: Lenddo's Product Demo & Case Studies
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Expert Collections containing Lenddo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lenddo is included in 2 Expert Collections, including Digital Lending.
Digital Lending
1,801 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
3,332 items
Track and capture company information and workflow.
Lenddo Patents
Lenddo has filed 3 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
1/12/2012 | 4/8/2014 | Credit scoring, Credit, Information privacy, Personal finance, Loans | Grant |
Application Date | 1/12/2012 |
|---|---|
Grant Date | 4/8/2014 |
Title | |
Related Topics | Credit scoring, Credit, Information privacy, Personal finance, Loans |
Status | Grant |
Latest Lenddo News
Jan 17, 2020
Four tech firms are suing Facebook in the US on competition grounds, and are demanding that CEO and chairman Mark Zuckerberg sell his majority stake in the social network. The four companies are online marketplace-cum-social network Cir.cl; identity verification firm Beehive Biometric; chat app Reveal Chat; and Lenddo, a financial service provider. Two of the four – Cir.cl and Beehive Biometric – are now defunct, while Reveal Chat was acquired by music streaming service Rhapsody in 2015 . In a federal lawsuit filed Thursday in San Francisco, the quartet accused Facebook of running "the most brazen, wilful anticompetitive scheme in a generation" throughout the 2010s. They further claimed that "the net effect of Facebook's anticompetitive scheme is one of the largest unlawful monopolies ever seen in the United States." The lawsuit concludes by demanding that Zuckerberg "divest himself of incontestable control over the company." In simpler language, this amounts to a request for Zuckerberg to sell his majority stake in Facebook. Zuckerberg controls around 60% of Facebook's voting shares and acts as both CEO and chairman, giving him near-universal control. The lawsuit references Facebook's ownership of the world's biggest social and messaging platforms, namely WhatsApp and Instagram. The four firms complained that Facebook's planned integration of these services "would increase the cost of switching to a rival social network" and might allow the surveillance of users. "The integration, if completed, will not only substantially lessen competition, it may allow Facebook to destroy it—for a very long time," the lawsuit states. The lawsuit builds on the increasingly loud argument that the big internet platforms deserve greater scrutiny for their ability to swallow up smaller competitors, and to move into adjacent areas. Facebook currently faces multiple regulatory probes on antitrust. In July of last year, the Federal Trade Commission launched a formal antitrust investigation into Facebook , while a bipartisan group of lawmakers on the House Judiciary Committee launched a similar probe in September.
Lenddo Frequently Asked Questions (FAQ)
When was Lenddo founded?
Lenddo was founded in 2011.
What is Lenddo's latest funding round?
Lenddo's latest funding round is Merger.
How much did Lenddo raise?
Lenddo raised a total of $17.6M.
Who are the investors of Lenddo?
Investors of Lenddo include LenddoEFL, Blumberg Capital, Golden Gate Ventures, Flourish Ventures, AT Capital and 12 more.
Who are Lenddo's competitors?
Competitors of Lenddo include Avant and 6 more.
Compare Lenddo to Competitors
Kreditech offers loans to individuals based on creditworthiness which is analyzed using online data instead of using traditional credit rating information. The product offerings include consumer loans, a digital wallet and a personal finance manager designed to help customers manage their credit score and plan their spending. Kreditech also offers a Lending as a Service model, allowing partners to integrate Kreditech's credit products via an API into their own platform and services.
Avant provides access to a full suite of digital financial solutions, including personal loans, credit cards, mobile banking, and auto refinance, to everyday American consumers. Through a combination of technology, analytics, and superior customer service, Avant gives underserved consumers access to credit with products that simplify and improve their financial journeys. It was founded in 2012 and is based in Chicago, Illinois.
Rate Pilot, formerly My Interest Broker, develops a cloud based universal loan application platform. The company helps businesses access capital and lenders access well qualified leads more efficiently.
The Receivables Exchange offers an online marketplace for company loans. The company aims to allow businesses to sell their receivables to a global network of institutional investors and access working capital in as little as three days. It is primarily targeted at small and mid-sized businesses.
Credibly is a tech and data-inspired lending platform that makes access to capital for small businesses simple and intuitive. From working capital loans and merchant cash advances to lines of credit and business expansion loans, it offers a suite of financing products that can accommodate any stage of business development or credit profile.
Behalf is a financing provider that facilitates commerce between business to business vendors and their small and medium business customers. Driven by data and technology, Behalf allows vendor partners to offer business customers instant credit and flexible payment terms at the point of sale.
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