Lendable is a UK fintech that funds unsecured personal loans by connecting borrowers with institutional investors. It operates a two-sided marketplace; capital from pension funds and hedge funds funds the loans rather than using its own balance sheet, while customers get quick, digital loans. The platform uses AI/ML driven credit scoring to automate decisions and funding, with instant approvals and funding often within hours; eligibility checks do not impact credit scores. It offers loan amounts £1,000-£25,000 for 1-5 years and also provides Autolend car finance and Zable credit products (including in the US); its goal is to expand access to consumer credit across a broad UK audience by scaling its platform and product suite.
Company Size
501-1,000
Company Stage
N/A
Total Funding
$1.6B
Headquarters
London, United Kingdom
Founded
2014
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