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ModernLend

New York, United States · Founded 2014 · $40K raised

Headquarters
New York, New York
Founded
2014
Business Model
B2C
Total Funding
$40K
Last Round
$40K SeedJun 2015
Rounds
1

About

ModernLend was a New York-based fintech startup founded in 2014 that provided credit builder loans to consumers. The company offered competitive-rate credit builder loans and reported repayment activity to credit bureaus, enabling users to establish or repair their credit profiles. ModernLend participated in the Entrepreneurs Roundtable Accelerator (ERA) Summer 2015 cohort and raised $40,000 in funding. The company was subsequently deadpooled, according to Tracxn's alternative lending landscape research.

Summary

ModernLend is a Fintech company based in New York, United States, founded in 2014. It has raised $40K in total across 1 round, most recently a $40K Seed round in Jun 2015.

Funding History

SeedSeed RoundJun 2015
$40K

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