About Lendrock
Lendrock is an online platform for availing auto loans. Offers loans of up to 6,000 for a maximum repayment period of 36 months. Borrowers have to complete an online application form stating the amount required along with their details. The consumers credit capacity is then determined using algorithms that are based on information points obtained from multiple proprietary and external databases. The customer is then informed of the eligible loan amount and rate of interest. Once accepted, they are offered various car models available within the price range. Also ties up with car dealers to offer financing to their customers.
- Headquarter Madrid, Spain
- Founders Ventura Pobre, Pedro de la Pena
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Sectors
Transportation, Automotive & LogisticsFinancial 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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$17.83 M (USD), Debt – Conventional
May 11, 2018
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Investors
Banco BNI Europa
& 1 more
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Employee Count
Employee Count
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Acquired by
WiZink
(Mar 18, 2021)
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Funding Insights of Lendrock
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $17.8M
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First Round
First Round
(11 May 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - Lendrock | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Lendrock
Lendrock has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Banco BNI Europa and WiZink. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provides financial services for individuals and businesses through deposits and investments.
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Founded Year | Domain | Location | |
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Digital bank providing credit cards, loans, and online savings accounts.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lendrock
| 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 - Lendrock
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Lendrock Comparisons
Competitors of Lendrock
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Lendrock
Frequently Asked Questions about Lendrock
When was Lendrock founded?
Lendrock was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Lendrock located?
Lendrock is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Who is the current CEO of Lendrock?
Ventura Pobre is the current CEO of Lendrock. They have also founded this company.
What does Lendrock do?
Lendrock is an online platform for availing auto loans. Offers loans of up to 6,000 for a maximum repayment period of 36 months. Borrowers have to complete an online application form stating the amount required along with their details. The consumers credit capacity is then determined using algorithms that are based on information points obtained from multiple proprietary and external databases. The customer is then informed of the eligible loan amount and rate of interest. Once accepted, they are offered various car models available within the price range. Also ties up with car dealers to offer financing to their customers.
Who are Lendrock's investors?
Lendrock has 2 investors. Key investors include Banco BNI Europa, and WiZink.