Lendo

Lendo

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2015201620172018201920202021
Revenues27.6m35.6m49.8m60.4m66.6m68.4m69.7m
% growth-29 %40 %21 %10 %3 %2 %
EBITDA9.4m16.1m23.5m25.6m22.2m91.3m14.1m
% EBITDA margin34 %45 %47 %42 %33 %133 %20 %
Profit9.0m14.3m21.7m25.1m21.0m78.6m14.1m
% profit margin33 %40 %44 %42 %32 %115 %20 %

Source: Dealroom estimates

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DateInvestorsAmountRound
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Acquisition
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Recent News about Lendo

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More about Lendoinfo icon
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Lendo AB is a financial services company based in Stockholm, Sweden, specializing in the comparison of personal and business loans. The company operates in the financial technology sector, providing a digital platform that allows individuals and businesses to compare loan offers from multiple lenders. This service is designed to help clients find the best loan terms suited to their financial needs, whether for personal use or business purposes.

Lendo serves a diverse range of clients, including individuals seeking personal loans and small to medium-sized enterprises (SMEs) looking for business financing. The platform simplifies the loan application process by allowing users to fill out a single digital form, which is then submitted to multiple lenders. This enables clients to receive and compare various loan offers quickly and efficiently, without the need to approach each lender individually.

The business model of Lendo is based on partnerships with banks and financial institutions. These partners pay Lendo a commission for each successful loan application that is processed through the platform. This model ensures that the service remains free for end-users, making it an attractive option for those seeking financial products.

Lendo makes money through these commissions, which are paid by the lenders. The company does not charge users for accessing the platform or comparing loan offers, thereby maintaining a user-friendly and cost-effective service.

Keywords: loan comparison, financial technology, personal loans, business loans, digital platform, SMEs, lenders, commission-based, user-friendly, Sweden.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Lendo

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Mybanker
ACQUISITION by Lendo May 2022