South Korea · Information technology & services startup

LENDIT.

LENDIT is a South Korean fintech company that specializes in Peer-to-Peer (P2P) lending.

Funding reportedLast round: Series C

Information technology & servicesSeoul, South Korea

About LENDIT.

LENDIT is a South Korean fintech company that specializes in Peer-to-Peer (P2P) lending.

It operates an online platform that connects borrowers in need of personal credit loans with investors looking for attractive returns. LENDIT is recognized as a leading provider in the domestic P2P market, offering competitive rates and a focus on data-driven risk assessment and investor tools. The company's primary service is P2P Portfolio Investment, allowing investors to fund multiple personal credit loans. Investors benefit from features like a minimum investment of 5,000 KRW per bond, automated portfolio management, and monthly repayments. LENDIT emphasizes diversification, with investors typically holding around 265 bonds to mitigate risk. The platform targets both individual borrowers seeking lower loan rates and a wide range of investors, including retail individuals and corporations, promoting stable returns around 10% annually.

What company datasets say LENDIT. raised

Funding, as reported

Reported in all78.8Bin the source's currency
Rounds7
Last roundSeries C
Last round size42.3M
Last round dateDec 2021
Investors listed8

The company, in detail

What they build

Known for

information technology & servicesfinancial servicesfinanceinformation technologymarketplacesfin techit services & it consultingandp2pconsumer lendingfinance technology

Built with from their website

Amazon SESPWAGoogle WorkspaceCloudFlareViewport MetaAmazon Simple Email ServiceGoogle MeetCloudFlare CDNGoogle Font APICloudflare Insights

+8 more

Mobile FriendlyOpen GraphjQueryApple iOSCloudflare DNSHTTP/3Cloudflare Browser InsightsAmazon AWS

Sector
Information technology & services
Industry code
NAICS 522291, 523940
Region
Seoul
Full record
Every detail in the company directory

Information technology & services in South Korea

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