How much funding has Lendo raised?

Lendo has raised $35.2M in total funding, most recently a Series B round.

Who are Lendo's investors?

Lendo's investors include J.P. Morgan, Sanabil Investments, Derayah Ventures, Seedra Ventures, Shorooq Partners, 500 Global.

Where is Lendo headquartered?

Lendo is headquartered in Stockholm, Saudi Arabia.

Lendo

Compare loans — free, safe, and simple

Stockholm, Saudi Arabia · Founded 2007 · $35.2M raised

Lending

Headquarters: Stockholm
Employees: 51–200
Founded: 2007
Business Model: B2C

Website: lendo.sa
Total Funding: $35.2M
Last Round: $28.0M Series BDec 2023
Rounds: 2

About

Lendo is a Scandinavian fintech company and the largest loan comparison marketplace in Sweden and Norway. Founded in Sweden in 2007, Lendo allows consumers to submit a single loan application and receive competing offers from up to 40 banks and lenders, helping them secure the best available interest rate for personal loans, car loans, business loans, and mortgages. The platform uses a single credit inquiry model to protect users' credit scores. Lendo expanded across Scandinavia and was owned by Schibsted before being acquired by Clar. The company also offers a mobile app called Kreddy providing users access to their credit score and loan portfolio management. As of 2024, Lendo had approximately 117 employees.

Summary

Lendo is a Lending company based in Stockholm, Saudi Arabia, founded in 2007. It has raised $35.2M in total across 2 rounds, most recently a $28.0M Series B round in Dec 2023. Investors include J.P. Morgan, Sanabil Investments and Derayah Ventures.

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