Founded Year
2015Stage
Private Equity | AliveTotal Raised
$69.18MLast Raised
$44.17M | 10 mos agoResearch containing LENDIT
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CB Insights Intelligence Analysts have mentioned LENDIT in 1 CB Insights research brief, most recently on Dec 3, 2021.
Expert Collections containing LENDIT
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
LENDIT is included in 2 Expert Collections, including Digital Lending.
Digital Lending
1,511 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
2,973 items
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Latest LENDIT News
Feb 10, 2022
Atomic – the platform that allows fintechs, banks and consumer companies to offer customers investing in a frictionless way – is proud to be the recipient of Lendit Fintech’s Best New Fintech Company of 2021. Atomic’s mission is to make wealth-building accessible to every single human being by offering companies an easy path to launching best-in-class investing solutions for their users. Already, Atomic has partnered with more than a dozen companies that collectively reach over 30M households globally. The Lendit award reflects Atomic’s innovation in pushing the boundaries of scale in wealth management by making fractional and direct indexing accessible at any account balance. Furthermore, Atomic offers infinite customization and services that have in the past required account minimums of 500K or more. Atomic’s relentless focus on bringing tools such as Direct Indexing, ESG investing, and Tax-Loss Harvesting strategies to portfolios of any size is disrupting an industry that’s historically been reserved for investors with large account balances. These capabilities are playing into a larger shift in retail investing, with the next generation of investors looking for more ways to invest consciously, have greater control over their portfolios, and explore alternative asset classes. Companies globally – from fintechs to credit unions, banks and consumer companies – can all leverage Atomic to cater to growing consumer demands while helping their customers grow wealth sustainably. Atomic enables consumer-facing fintechs to integrate wealth management and trading into their products in a frictionless way. Using the Atomic platform, companies can launch engaging investing experiences without the burden of developing in-house regulatory, operational, and compliance expertise. Businesses powered by Atomic can offer their customers cutting-edge investing capabilities such as ethical investing, direct indexing, and tax-loss harvesting. The company recently announced its Series A round backed by QED Partners, Anthemis, SoftBank, and Y Combinator.
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Lending Club utilizes technology and innovation to reduce costs and offer borrowers better rates and investors better returns. Over $4 billion in personal loans have been issued through the Lending Club platform. The Company has been prominently recognized as a leader for its growth and innovation, including being named one of Forbes' America's Most Promising Companies three years in a row, a 2012 World Economic Forum Technology Pioneer, and one of The World's 10 Most Innovative Companies in Finance by Fast Company in 2013. Lending Club is based in San Francisco, California.
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