About Loanpad
Loanpad is a company based in London (United Kingdom) founded in 2015.. Loanpad has raised $1.84 million across 5 funding rounds. The company has 13 employees as of December 31, 2022. Loanpad offers products and services including Classic Account, Premium Account, ISA Classic, and ISA Premium. Loanpad operates in a competitive market with competitors including CrowdProperty, LendInvest, SoMo, Kuflink and Saxon Trust, among others.
- Headquarter London, United Kingdom
- Employees 13 as on 31 Dec, 2022
- Stage Minicorn
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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 Loanpad Limited
- Date of Incorporation 10 Mar, 2015
- Jurisdiction COLINDALE, LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.84 M (USD)
in 5 rounds
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Latest Funding Round
$437.87 K (USD), Seed
Mar 22, 2021
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Investors
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Employee Count
13
as on Dec 31, 2022
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Products & Services of Loanpad
Loanpad offers a comprehensive portfolio of products and services, including Classic Account, Premium Account, ISA Classic, and ISA Premium. 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.
Daily access account for lending with minimum £10 investment.
60-day access account offering higher returns on investments.
Tax-efficient daily access ISA for secure lending.
Tax-free 60-day access ISA with potential for increased yields.
Unlock access to complete
Funding Insights of Loanpad
Loanpad has successfully raised a total of $1.84M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $437.87 thousand completed in March 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 Total Funding
- Total Rounds 5
- Last Round Seed — $437,872
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First Round
First Round
(04 Jan 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Loanpad | Valuation |
investors |
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| Apr, 2020 | Amount | Seed - Loanpad | Valuation |
investors |
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| Apr, 2019 | Amount | Seed - Loanpad | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Loanpad
| 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 - Loanpad
| 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 |
Loanpad Comparisons
Competitors of Loanpad
Loanpad 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 CrowdProperty, LendInvest, SoMo, Kuflink and Saxon Trust, 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 |
Provider of P2P marketplace for mortgage loans
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| domain | founded_year | HQ Location |
P2P lending platform for mortgage loans
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| domain | founded_year | HQ Location |
Short-term bridging loans are provided via an online P2P platform.
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| domain | founded_year | HQ Location |
Developer of an online P2P lending platform
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| domain | founded_year | HQ Location |
Provider of real estate loans
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| 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 Loanpad
Frequently Asked Questions about Loanpad
When was Loanpad founded?
Loanpad was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Loanpad located?
Loanpad is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Loanpad?
Louis Schwartz is the current CEO of Loanpad.
Is Loanpad a funded company?
Loanpad is a funded company, having raised a total of $1.84M across 5 funding rounds to date. The company's 1st funding round was a Seed of $206.29K, raised on Jan 04, 2018.
How many employees does Loanpad have?
As of Dec 31, 2022, the latest employee count at Loanpad is 13.
What does Loanpad do?
Founded in 2015 and based in London, United Kingdom, Loanpad operates in the fintech sector as a peer-to-peer lending platform. Short-term property loans for commercial and residential mortgages are facilitated, allowing investors to participate. Partnerships with property lenders are maintained to mitigate risks in funded projects. Daily interest accrual is applied, with options for reinvestment into new loans.
Who are the top competitors of Loanpad?
Loanpad's top competitors include CrowdProperty, LendInvest and SoMo.
What products or services does Loanpad offer?
Loanpad offers Classic Account, Premium Account, ISA Classic, and ISA Premium.
What is Loanpad's valuation?
The valuation of Loanpad is $13.99M as of Jan 2018.