Lendinero is a FINTECH company focused on providing capital Latino-owned and minority-owned businesses.
Business Model: B2B
Revenue: $7.6M
Employees: 11-50
Address: Street Ste 337
City: Miami
State: FL
Zip: 33166
Country: US
Lendinero is a Fintech company that serves as an online marketplace and syndicate lender to provide capital to small and mid-size businesses. We specialize mostly on minority-owned and Latino-owned businesses who are underserved by other Fintech companies or Banks. Lendinero has created its own proprietary on-line application that filters the borrowers profile to match with the appropriate lenders. With one application, a borrower can receive multiple offers. Lendinero has grown gross revenues in excess of 400% since inception and net revenues in excess of 900%. We own our own BPO (Business Processing Outsourcing) Unit that caters only to Lendinero. Our offshore center is located in Central America and India. This proves that we can minimize operational costs, leverage on technology, and prevent face to face customer interaction. Furthermore, we count on our in-house funding advisors and independent sales associates in numerous states in the United States. Lendinero is the leading online finance company that is fully bilingual. We fill the cultural and language barriers between alternative lenders and Latino-Owned Businesses. Key features of Lendinero’s technology and user experience are outlined below: * Instant Credit Decision * Minimal paperwork * Proprietary technology, along with low cost of funding from other institutional partners Lendinero has been featured in numerous publications to include: * Entrepreneur Magazine * Forbes Latin America * The Miami Herald "El Nuevo Herald" * Debanked * Negocios Magazine * Other publications Lendinero is reshaping how Latino-owned businesses access capital.
Contact Phone:
+18885055835
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2014 | Seed Round | $30k |
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