About Trade Lenda
Trade Lenda is a company based in Maryland (Nigeria) founded in 2021 by Oluwatosin Ayodele and Adeshina Adewumi.. Trade Lenda has raised $520 thousand across 1 funding round from investors including Sovereign Capital, ARMLABS and Expert DOJO. Trade Lenda operates in a competitive market with competitors including CreditEnable, Blackcopper, Shecluded, Mkobo and Celeris Credit, among others.
- Headquarter Maryland, Nigeria
- Founders Oluwatosin Ayodele, Adeshina Adewumi
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$520 K (USD)
in 1 rounds
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Latest Funding Round
$520 K (USD), Seed
Jan 27, 2023
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Investors
Sovereign Capital
& 2 more
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Employee Count
Employee Count
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Funding Insights of Trade Lenda
Trade Lenda has successfully raised a total of $520K through 1 strategic funding round. The most recent funding activity was a Seed round of $520 thousand completed in January 2023. 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 1
- Last Round Seed — $520,000
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First Round
First Round
(27 Jan 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Trade Lenda | Valuation | Sovereign Capital , Labs by ARM |
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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 |
Investors in Trade Lenda
Trade Lenda has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sovereign Capital, ARMLABS and Expert DOJO. 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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Investment partnerships are formed with service-based businesses for growth.
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Founded Year | Domain | Location | |
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ARMLABS is engaged in providing online news updates.
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Founded Year | Domain | Location | |
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Influencer marketing, branding, and communication services are provided.
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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 Trade Lenda
| 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 - Trade Lenda
| 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 |
Trade Lenda Comparisons
Competitors of Trade Lenda
Trade Lenda 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 CreditEnable, Blackcopper, Shecluded, Mkobo and Celeris Credit, 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 |
Business loans are connected via an online marketplace for SMEs.
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| domain | founded_year | HQ Location |
P2P platform for consumer and business loans is provided.
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| domain | founded_year | HQ Location |
Developer of a consumer loan marketplace
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| domain | founded_year | HQ Location |
Digital banking services for retail and business customers are offered.
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| domain | founded_year | HQ Location |
Offers an online financial services platform tailored for cooperatives.
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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 Trade Lenda
Frequently Asked Questions about Trade Lenda
When was Trade Lenda founded?
Trade Lenda was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Trade Lenda located?
Trade Lenda is headquartered in Maryland, Nigeria. It is registered at Maryland, Lagos, Nigeria.
Who is the current CEO of Trade Lenda?
Adeshina Adewumi is the current CEO of Trade Lenda. They have also founded this company.
Is Trade Lenda a funded company?
Trade Lenda is a funded company, having raised a total of $520K across 1 funding round to date. The company's 1st funding round was a Seed of $520K, raised on Jan 27, 2023.
What does Trade Lenda do?
Trade Lenda was established in 2021 in Maryland, Nigeria, within the fintech sector. An online platform is operated to connect businesses with various loan options, such as working capital financing, purchase order loans, invoice discounting, and trade finance. Investments are enabled for users to generate yields on capital, with real-time tracking features and support from dedicated account managers provided.
Who are the top competitors of Trade Lenda?
Trade Lenda's top competitors include CreditEnable, Blackcopper and Sycamore.
Who are Trade Lenda's investors?
Trade Lenda has 3 investors. Key investors include Sovereign Capital, ARMLABS, and Expert DOJO.