About LENDIT
LENDIT is a company based in Seoul (South Korea) founded in 2015. LENDIT has raised $51.4 million across 3 funding rounds from investors including H&Q Korea, Altos Ventures Management and Yellowdog. LENDIT operates in a competitive market with competitors including Popfunding, Sirjuseyo, Funded, Donjoy and SOCU, among others.
- Headquarter Seoul, South Korea
- SectorsFinancial Services
- Website lendit.co.kr
- Social LinkedIn X
- Total Equity Funding$51.4M (USD)
in 3 rounds
- Latest Funding Round$43.9M (USD), Series C
Jul 2021
- InvestorsH&Q Korea
& 3 more
Funding Insights of LENDIT
LENDIT has successfully raised a total of $51.4M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $43.9 million completed in July 2021. 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 $51.4M
- Total Rounds 3
- Last Round Series C — $43.9M
- First Round $1.3M
(May 2015)
- Investors Count 4
All 3 funding rounds of LENDIT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $43.9M | Series C | – | – | |
| Feb 2019 | $6.2M | Series B | – | Altos Ventures Management, Yellowdog | – |
| May 2015 | $1.3M | Seed | – | Altos Ventures Management | – |
4 investors in total: 4 institutional.
Investors in LENDIT
LENDIT has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include H&Q Korea, Altos Ventures Management and Yellowdog.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Value is created by H&Q Korea in private equity markets. | – | hqkorea.com | Seoul, Korea | |
Early-stage companies are funded by this venture capital firm. | – | altos.vc | Menlo Park, United States | |
Venture capital investments are directed toward impact sectors by Yellowdog. | – | yellowdog.kr | Seoul, South Korea | |
Private equity firm investing in multiple sectors | – | collabfund.com | New York, United States |
Investor details for LENDIT
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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Timeline of LENDIT
3 dated milestones of LENDIT across 6 years, from founding to its latest funding, stage changes and deals.
- Founded LENDIT is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Series C, of $43.9M.
Competitors of LENDIT
LENDIT 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 Popfunding, Sirjuseyo, Funded, Donjoy and SOCU, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| popfunding.com | 2009 | Seongnam-si, South Korea | – | – | P2P lending platform | |
| sirjuseyo.com | 2017 | Seoul, South Korea | – | – | Provides loan services, app-based credit options, and financial products for consumers. | |
| funded.co.kr | 2016 | Seoul, South Korea | – | – | Personal loans are facilitated through a P2P lending platform. | |
| donjoy.net | 2005 | – | – | – | Provides a peer-to-peer lending platform to connect borrowers and lenders. | |
| socu.io | 2017 | Seoul, South Korea | – | – | Operates a peer-to-peer marketplace for personal loans. |
Detailed competitors of LENDIT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of LENDIT
The website of LENDIT (lendit.co.kr) receives about 7.8K visits a month.
- Monthly visits7.8K
▼ 10.8% vs previous month
Websites whose visitors overlap most with LENDIT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| funda.kr | 100% | 1.3K | #13,622,704 | View details | |
| rushncash.com | 95% | – | – | View details | |
| bank-mall.co.kr | 92% | 79.2K | #348,509 | View details | |
fintechtimes.co.kr | fintechtimes.co.kr | 92% | – | #2,850,175 | – |
loanconsultant.or.kr | loanconsultant.or.kr | 84% | – | #755,138 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for LENDIT
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Lendit
Complete news archive for LENDIT
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to LENDIT
10 companies that operate in the same segment as LENDIT (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about LENDIT
LENDIT was founded in 2015.
LENDIT is headquartered in Seoul, South Korea.
LENDIT is a funded company, having raised a total of $51.4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on May 2015.
Detailed information about LENDITs operations, sectors, or solutions is not available on the website. The scope of services or products offered by the company remains unclear based on the provided content.
LENDIT's top competitors include Popfunding, Funded and Sirjuseyo.
LENDIT has 4 investors. Key investors include H&Q Korea, Altos Ventures Management, Yellowdog, and Collab Fund.