About Lendigo
Lendigo is a company based in Lekki (Nigeria) founded in 2016.. Lendigo offers products and services including SME Loans, Auto Dealer Financing, E-Commerce Merchants Loans, Distributors Loans, and POS Agents Loans. Lendigo operates in a competitive market with competitors including FairMoney, Trade Lenda, CreditEnable, CarrotPay and Renmoney, among others.
- Headquarter Lekki, Nigeria
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Drance Nigeria Limited
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Annual Revenue
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Net Profit
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Products & Services of Lendigo
Lendigo offers a comprehensive portfolio of products and services, including SME Loans, Auto Dealer Financing, E-Commerce Merchants Loans, Distributors Loans, and POS Agents Loans. 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.
Unsecured loans for small businesses up to ₦10m.
Flexible financing for automobile dealers' operations.
Loans based on sales data for e-commerce working capital.
Funding for distributors to increase transaction volumes.
Loans for POS agents to support business expansion needs.
Funding Insights of Lendigo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Lendigo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lendigo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lendigo Comparisons
Competitors of Lendigo
Lendigo 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 FairMoney, Trade Lenda, CreditEnable, CarrotPay and Renmoney, 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 |
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| domain | founded_year | HQ Location |
Digital microfinance banking services are offered to individuals.
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| domain | founded_year | HQ Location |
Diversified business loans are facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
Business loans are connected via an online marketplace for SMEs.
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| domain | founded_year | HQ Location |
Offers an online platform for loans to consumers and small businesses.
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| domain | founded_year | HQ Location |
Diversified lending services are provided as a non-banking financial institution.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lendigo
When was Lendigo founded?
Lendigo was founded in 2016.
Where is Lendigo located?
Lendigo is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.
Who is the current CEO of Lendigo?
Aurelia Fah is the current CEO of Lendigo.
What does Lendigo do?
Lendigo was founded in 2016 in Lekki, Nigeria, within the fintech sector. An online platform is operated to deliver business loans, encompassing supply chain financing, invoice financing, lines of credit, and term loans. Businesses are registered using personal identification, required documents, and mobile verification. Credit scores are evaluated to determine loan approvals and terms.
Who are the top competitors of Lendigo?
Lendigo's top competitors include FairMoney, Trade Lenda and CreditEnable.
What products or services does Lendigo offer?
Lendigo offers SME Loans, Auto Dealer Financing, E-Commerce Merchants Loans, Distributors Loans, and POS Agents Loans.