Cloud Lending

lendingother lending

FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 01/05/2020

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About

Cloud Lending Inc., is an enterprise lending solutions provider. It provides lending solutions to empower financial institutions from any industry segments (such as P2P lending, online payday lending, consumer loans, tax liens, auto loans, MFIs, CDFIs and credit unions) of any size to compete and grow.

Focus

PRODUCTS & SERVICES

Loan and leasing software tools for financial firms. It helps the businesses in increasing the transaction volume and growing revenue.

REVENUE MODEL

Charge on a “Per user per month” (PUPM) pricing model for loan management solutions. The PUPM rates may vary based on the volume of user licenses bought by the company.

MAIN CLIENTS

The company clients from banks

credit unions

traditional finance companies

online lenders

and marketplace platforms. Some of the clients Juhudi Kilimo

Capital Good fund

Encore capital group and more.

EXISTING PARTNERSHIPS

Sales force

Arxxus

Incadence

Accounting Seed

SoftwareGroup

FinancialForce.

COMMENT

This end to end solution provide ways to efficiently manage loan portfolio and risk.

Traction

VALUATION / MARKET CAP:

$53.33 M in 2017

People

FOUNDERS

Darpan Saini

Snehal Fulzele

Rajendra Badadare

BOARD MEMBERS AND ADVISORS

Humphrey Polanen

Simon Yoo

Tim McCarthy

Henry Ho

Harold Rosen

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Cota Capital

Epic Ventures

Green Visor Capital

Long Light Capital

SF Capital Group

Simon Yoo

Tim McCarthy

KEY EMPLOYEES:

Snehal Fulzele (CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$32 M

DATE OF LAST FUNDING

Sep 2018

TOTAL FUNDING COMMENT

The company plans to use Series B funds to expanding its global reach, to accelerate product growth and innovation, to invest in additional sales and marketing resources, and to evaluate strategic partnership opportunities.

SEED CLOSED ON

Aug 2014

FUNDING SERIES

SERIES A  · $8 M  · Sep 2015

SERIES B  · $6 M  · Feb 2017

OTHERS  · $18 M · Sep 2018

DEBT FUNDING

$150 K

LISTED

NO

BASICS

FOUNDING YEAR:

2012

LOCATION:

United States

Views:

364 VISITORS | 663 VIEWS
LATEST FUNDING ROUND

$32 M

TOTAL EMPLOYEES
51-200

About

Cloud Lending Inc., is an enterprise lending solutions provider. It provides lending solutions to empower financial institutions from any industry segments (such as P2P lending, online payday lending, consumer loans, tax liens, auto loans, MFIs, CDFIs and credit unions) of any size to compete and grow.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Traction+
People+
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