BLender

lendingp2p lending

FOUNDING YEAR: 2014
LOCATION: Israel
Last Update: 17/07/2020

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About

Blender is a global e-lending platform that provides cross-border lending services. Blender operates as a direct lender or as a cross-border marketplace.Blender aims to become vastly common global consumer lending channel, where people across the globe will be able to apply for a loan through one single mobile app. Other than its own activity, Blender also provides White Label Solutions to banks and financial institutions around the world seeking to upgrade their old fashion retail lending systems to new, efficient state-of-the-art systems. Blender is currently active in Italy, Israel and Baltics, and expanding to Asia and Latin America in the near future. In Europe, we operate under our recently acquired Electronic Money Institution License (the same license used by PayPal, AMEX, Facebook etc.). Blender was founded in 2014 by Dr. Gal Aviv, CEO, Mr. Boaz Aviv, CTO, and Mr. Barak Gur, VP Product, and among its shareholders, are highly reputable industry leaders. +972 72 2776000info@blender.co.il

MEDICI Analysis

Blender is a cloud based muti-national P2P lending platform that connects lenders and borrowers, allowing for attractive interest rates for lenders, and quick, easy access to funds for borrowers.

Focus

PRODUCTS & SERVICES

Blender P2P Lending Platform using cloud based technology, Rating2.0™ technology for Consumer Credit Information, DirectMatch™ is a portfolio builder, Premium Track an auto-investment solution for long-term investors

REVENUE MODEL

Company earns revenue by charging 2% from borrowers, and 1% from the total repayment from lenders.

MAIN CLIENTS

Retail borrowers & Retail lenders

EXISTING PARTNERSHIPS

Giza Singer Even

Pareto

Primesec

Deloitte

Ziv Haft Trust

Alter

Blade Foundation

Spring technological development

Traction

TRANSACTIONS VALUE:

$2.5 M

People

FOUNDERS

Barak Gur

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Bearing Capital

Blumberg Capital

Eiffel Investment Group

Elevator Fund

Psagot Investment House

KEY EMPLOYEES:

Gal Aviv

Momentum

FUNDED

YES

TOTAL FUNDING

$21 M

DATE OF LAST FUNDING

2018

FUNDING SERIES

SERIES A  · $5 M  · Jul 2015

OTHERS  · $16 M · Feb 2018

LISTED

NO

COMMENT

An undisclosed fund amount raised in June 2016.

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