LendFriend
LendFriend offers software products that provide support for users during the loan’s creation, proposal, approval and repayment.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed LendFriend Information
Geographic Data
Address:
City: San Francisco
State: California
Zip:
Country: United States
Financial Info
Stage:
seed
Raised Last:
$0
Raised Total:$0
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Metrics
0Website Global Rank
0Website Monthly Traffic
Twitter Followers
Description
LendFriend is a FinTech startup focused on undeserved lending markets. The team has built 3 products: - Online p2p lending platform targeting friends and family. Grew to $3MM+ loans. - Multiple underwriting models utilizing proprietary data from traditional brick and mortar high-interest lenders. The identified customer profiles are targeted for larger loans with lower interest rates because their loan repayment is disproportional to their credit score. - Online platform that matches high-risk borrowers with an aggregated network of online lenders and places these loans on prepaid cards. Product&s;s purpose is to bank the underbanked. LendFriend was part of **[AngelPad](http://angelpad.org) #3** in 2011.
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