iLending

Englewood, United States Founded: 2021 • Age: 5 yrs Acquired By J.C. Flowers
Automobile refinancing is enabled via an online marketplace platform.
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About iLending

iLending is a company based in Englewood (United States) founded in 2021 was acquired by J.C. Flowers in May 2021.. iLending offers products and services including Car Loan Refinancing, Motorcycle Refinancing, Other Refinancing Services, and Car Refinance Calculator. iLending operates in a competitive market with competitors including OpenRoad Lending, Refi Your Auto, AutoApprove and Refi My Auto, among others.

  • Headquarter Englewood, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fleet Financial Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    J.C. Flowers

    (May 03, 2021)

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Products & Services of iLending

iLending offers a comprehensive portfolio of products and services, including Car Loan Refinancing, Motorcycle Refinancing, Other Refinancing Services, and Car Refinance Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Refinances auto loans to reduce monthly payments and save money.

Provides refinancing for motorcycle loans to lower costs.

Offers refinancing for various loans beyond autos.

Tool to estimate savings from auto loan refinancing options.

People of iLending
Headcount 200-500
Employee Profiles 17
Board Members and Advisors 3
Employee Profiles
People
Ram Krishnan
VP Engineering
People
Nick Goraczkowski
President
People
Chad Nordhagen
Vice President Marketing
People
Samir M
Software Solutions Architect

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Board Members and Advisors
people
Tom Harding
Director
people
Eric Dunn
Director
people
John Oros
Director

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Funding Insights of iLending

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in iLending

iLending has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include J.C. Flowers. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on financial services sector
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by iLending

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - iLending

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ilending Comparisons

Employees
+
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Competitors of iLending

iLending operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OpenRoad Lending, Refi Your Auto, AutoApprove and Refi My Auto, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Auto loans for refinancing and purchases are offered online.
domain founded_year HQ Location
Operates a digital marketplace for refinancing auto loans.
domain founded_year HQ Location
An online platform for refinancing car loans.
domain founded_year HQ Location
A digital hub simplifying auto loan refinancing processes.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ilending

Frequently Asked Questions about iLending

When was iLending founded?

iLending was founded in 2021.

Where is iLending located?

iLending is headquartered in Englewood, United States. It is registered at Englewood, New Jersey, United States.

What does iLending do?

iLending was founded in 2021 and is headquartered in Englewood, United States. An online marketplace is operated in the fintech sector, focusing on automobile loan refinancing. Users are required to submit necessary details for loan applications, with approved funds transferred to designated bank accounts. Tools such as loan savings calculators and educational articles on finances are provided. The platform is accessible through Android and iOS applications.

Who are the top competitors of iLending?

iLending's top competitors include OpenRoad Lending, Refi Your Auto and AutoApprove.

What products or services does iLending offer?

iLending offers Car Loan Refinancing, Motorcycle Refinancing, Other Refinancing Services, and Car Refinance Calculator.

Who are iLending's investors?

iLending has 1 investor. Key investors include J.C. Flowers.

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