Lenme

Lenme is the subscription-based peer-to-peer lending platform in the small amount loan market.

Business Model: B2C

Revenue: $0

Employees: 11-50

Detailed Lenme Information

Geographic Data

Lenme headquarters map

Address:

City: Oakland

State: California

Zip:

Country: United States

Financial Info

Stage:

pre seed

Raised Last:

$40k

Raised Total:

$566k

Metrics

3,575,102Website Global Rank

3,372Website Monthly Traffic

Twitter Followers

Description

Every year, 140 million Americans need a small loan for unforeseen expenses. The existing infrastructure that supports these borrowers currently operates with high costs and limited data. These costs are passed on to consumers in the form of higher interest and higher fees that average 400% APR. Lenme makes it easy to lend and borrow. We give borrowers the flexibility to request a loan on their own terms. We give lenders thousands of data points on each borrower so they can offer better rates. Better data, cheaper access to borrowers and low-cost loan servicing equals lower rates.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
9/2020 Pre Seed Round 1 $40k CFV Ventures
CFV Ventures
3/2018 Seed Round $423k
10/2019 Equity Crowdfunding $102.5k
Announced Date Name Price

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