About LendwithSpark
LendwithSpark is a company based in Minneapolis (United States) founded in 2015 was acquired by Arcadea Group in June 2023.. LendwithSpark offers products and services including SPARK Platform, SBA Lending Tools, and Lender Service Platform. LendwithSpark operates in a competitive market with competitors including Mirador, Trade Ledger, Upswot, Dancerace and AkoubaCredit, among others.
- Headquarter Minneapolis, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Ignify Technologies, Inc.
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Acquired by
Arcadea Group
(Jun 13, 2023)
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Products & Services of LendwithSpark
LendwithSpark offers a comprehensive portfolio of products and services, including SPARK Platform, SBA Lending Tools, and Lender Service Platform. 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.
Software for efficient loan origination and management
Tools for streamlined SBA loan submissions and processing
Platform to manage multiple lenders consistently
Funding Insights of LendwithSpark
| 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 |
Investors in LendwithSpark
LendwithSpark has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Arcadea Group. 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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Arcadea Group is involved in unspecified business activities.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by LendwithSpark
| 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 - LendwithSpark
| 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 |
Lendwithspark Comparisons
Competitors of LendwithSpark
LendwithSpark 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 Mirador, Trade Ledger, Upswot, Dancerace and AkoubaCredit, 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 |
Cloud-based omnichannel lending solutions are offered to banks and institutions.
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Loan origination solution for business loans
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| domain | founded_year | HQ Location |
White-label loan onboarding and monitoring platform is provided.
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| domain | founded_year | HQ Location |
Software for invoice and trade financing is provided by Dancerace.
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| domain | founded_year | HQ Location |
An online platform for originating small business loans is offered.
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| domain | founded_year | HQ Location |
Loan origination solutions
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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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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 LendwithSpark
When was LendwithSpark founded?
LendwithSpark was founded in 2015.
Where is LendwithSpark located?
LendwithSpark is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
What does LendwithSpark do?
LendwithSpark was founded in 2015 and is headquartered in Minneapolis, United States. Cloud-based loan origination software is provided by the company to small business lenders in the fintech sector. Operations focus on streamlining loan processes through features such as customizable lending products, application handling, and document processing. Additional modules cover application summaries, underwriting overviews, disbursement management, and web pre-qualification integrations. Services aim to enhance operational efficiency for lenders.
Who are the top competitors of LendwithSpark?
LendwithSpark's top competitors include Mirador, Trade Ledger and Upswot.
What products or services does LendwithSpark offer?
LendwithSpark offers SPARK Platform, SBA Lending Tools, and Lender Service Platform.
Who are LendwithSpark's investors?
LendwithSpark has 1 investor. Key investors include Arcadea Group.
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