Lendi

Sydney, Australia Founded: 2013 • Age: 13 yrs
Online home loans platform

About Lendi

Lendi is a company based in Sydney (Australia) founded in 2013.. Lendi has raised $34.74 million across 2 funding rounds from investors including 1835i. Lendi operates in a competitive market with competitors including HashChing, Bridgit, Finspo, LoanDolphin and Home Loan Experts, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $73.87 M (USD)
    0
    as on Jun 30, 2021
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $34.74 M (USD)

    in 2 rounds

  • Latest Funding Round
    $28.74 M (USD), Series B

    Jan 17, 2019

  • Investors
  • Employee Count
    Employee Count
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People of Lendi
Headcount 50-200
Employee Profiles 34
Employee Profiles
People
Conie Samoranos
CSA
People
Sotiris Mertzanakis
Executive Home Loan Specialist
People
David Hyman
CEO & co-Founder
People
Samantha Sarmiento
Talent Acquisition Operations Officer

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Funding Insights of Lendi

Lendi has successfully raised a total of $34.74M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $28.74 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series B — $28.7M
  • First Round

    (01 Jun 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Series B - Lendi Valuation

investors

Jun, 2014 Amount Series A - Lendi Valuation

investors

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 Lendi

Lendi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 1835i. 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
Venture capital is directed to small businesses by corporate-backed fund.
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 Lendi

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 - Lendi

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

Lendi Comparisons

Employees
+
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Competitors of Lendi

Lendi 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 HashChing, Bridgit, Finspo, LoanDolphin and Home Loan Experts, 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
Customers are connected to mortgage brokers via HashChing's online platform.
domain founded_year HQ Location
Bridge loans for residential property swaps are provided online.
domain founded_year HQ Location
Provider of an app-based platform providing banking solutions and home loans to consumers
domain founded_year HQ Location
Loan applications auction platform.
domain founded_year HQ Location
Hosts a digital marketplace for residential mortgage loans.
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 Lendi

Frequently Asked Questions about Lendi

When was Lendi founded?

Lendi was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Lendi located?

Lendi is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Is Lendi a funded company?

Lendi is a funded company, having raised a total of $34.74M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Jun 01, 2014.

What is the annual revenue of Lendi?

Annual revenue of Lendi is $73.87M as on Jun 30, 2021.

What does Lendi do?

Lendi was founded in 2013 in Sydney, Australia, as an online platform in the fintech sector focused on home loans. Applications are submitted by users, documents are uploaded and verified, approvals are secured, and loans are settled through the platform. Options from over 30 lenders are available for selection, enabling end-to-end processing in the Australian market.

Who are the top competitors of Lendi?

Lendi's top competitors include Bridgit, Finspo and HashChing.

Who are Lendi's investors?

Lendi has 1 investor. Key investors include 1835i.

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