Lendable logo

Lendable

Lendable is a lending platform that makes borrowing money effortless across loans, credit cards and car finance. Using technology, we have trimmed the fat from the traditional loan application process. The result allows us to make an instant decision, offer personalised rates, and transfer funds within minutes. We look beyond just the applicants' credit scores, offering loans to people with less-than-perfect credit histories. This way, we provide fair rates to a wider range of borrowers. Once customers have accepted our quote, we deposit their loan within minutes and many customers qualify for instant access to their credit card via their mobile wallets. Our technology is brand new so we can deliver best in class experience to customers that previously weren't served in the market. The internet has made commerce faster, cheaper and safer. Time for finance to step up. Check out our Lendable loans, Zable credit cards (https://zable.co.uk/) and Autolend car finance (https://www.autolend.co.uk/) for more specific details

Lendable logo

Lendable

Lendable is a fintech company revolutionizing consumer finance with fast, transparent loans and credit products in the UK and US.

Company Size

51-200 employees

Location

United Kingdom

About

Lendable is a lending platform that makes borrowing money effortless across loans, credit cards and car finance. Using technology, we have trimmed the fat from the traditional loan application process. The result allows us to make an instant decision, offer personalised rates, and transfer funds within minutes. We look beyond just the applicants' credit scores, offering loans to people with less-than-perfect credit histories. This way, we provide fair rates to a wider range of borrowers. Once customers have accepted our quote, we deposit their loan within minutes and many customers qualify for instant access to their credit card via their mobile wallets. Our technology is brand new so we can deliver best in class experience to customers that previously weren't served in the market. The internet has made commerce faster, cheaper and safer. Time for finance to step up. Check out our Lendable loans, Zable credit cards (https://zable.co.uk/) and Autolend car finance (https://www.autolend.co.uk/) for more specific details

Needs Assessment

Active buying signals and potential business opportunities

Technology Requirements

Secure online platform for loan management

Fraud prevention tools

Data analytics for credit assessment

Website performance monitoring

Analytics for platform usage

Customer support solutions

Open Banking Integration via Truelayer

Service Requirements

Customer support services for loan application and account management

Debt collection services

Financial and wellbeing support

Debt advice

Mental health support

Gambling support

Support for domestic abuse, homelessness, baby loss

Customer reconnection services

Infrastructure Requirements

Reliable online platform

Integration with credit reference agencies

Email and SMS communication channels

Cloud services

Secure and encrypted platform

Reliable hosting for website

Talent Requirements

Data scientists

Software developers

Customer service representatives

Compliance officers

Fraud analysts

AI Insights

Growth Trajectory

Lendable's growth trajectory is positive, driven by expansion into the US market via Zendable LLC and continuous improvement of its technology platform.

Market Opportunity

Lendable has a strong market opportunity by providing faster and more convenient lending processes compared to traditional banks and by addressing the needs of underserved customers with varying credit scores.

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