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Overview
Lendtable offers lines of credit that allow employees to contribute to their 401(k) plans and ESPPs without lowering take-home pay. After a quick approval using basic information and a recent pay stub, Lendtable funds the retirement or stock-purchase contribution directly, enabling workers to capture employer matches and ESPP discounts; employees repay through fees on the borrowed amount over time. Its focus on funding retirement and ESPP contributions for employees of large organizations, with revenue from credit fees and no advisory services, differentiates it from broader fintech lenders. The goal is to help employees maximize long-term retirement savings.
About Lendtable
Industries
Consumer Software
Fintech
Financial Services
Company Size
1-10
Company Stage
Series A
Total Funding
$23.1M
Headquarters
San Francisco, California
Founded
2020
Simplify's Take
What believers are saying
- $18M Series A from O1 Advisors fuels 2021 expansion.
- Disbursed $2.4M in match benefits to hundreds since 2021.
- 2026 401(k) limit rises to $24,500, boosting contributions.
What critics are saying
- CFPB classifies model as predatory lending in 12-24 months.
- IRS reclassifies withdrawals as taxable in 18-36 months.
- Recession cuts employer matches in 2026-2027.
What makes Lendtable unique
- Lendtable fronts 401(k) and ESPP contributions without reducing take-home pay.
- Profit-split model charges 6% of vested employer match profits.
- Covers all retirement withdrawal penalties during repayment.
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Funding
Total Funding
$23.1M
Below
Industry Average
Funded Over
5 Rounds
Y CombinatorIndustry standards
Company News
Lendtable gives cash advances to help individuals get their employer 401(k) match and ESPP.
There are no jobs for Lendtable right now.
Find jobs on Simplify and start your career today
About Lendtable
Industries
Consumer Software
Fintech
Financial Services
Company Size
1-10
Company Stage
Series A
Total Funding
$23.1M
Headquarters
San Francisco, California
Founded
2020
There are no jobs for Lendtable right now.
Find jobs on Simplify and start your career today