Grouplend

lendingonline loans

FOUNDING YEAR: 2014
LOCATION: Canada
Last Update: 01/05/2020

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About

Grouplend is an online lending platform. The platform's technology and data analytics bring together middle class Canadians seeking loans with money from private investors all in a online environment.

Focus

PRODUCTS & SERVICES

Online Lending

REVENUE MODEL

GroupLend applies the interest rate ranging from 6.3% to 17.5% APR.From interest rates the company generates revenue

MAIN CLIENTS

Financial institutions

Traction

VALUATION / MARKET CAP:

$68 M in 2015

TRANSACTIONS VALUE:

$30 M

People

FOUNDERS

Kevin Sandhu

BOARD MEMBERS AND ADVISORS

Lance Tracey

Markus Frind

NUMBER OF EMPLOYEES

1-10

Momentum

FUNDED

YES

TOTAL FUNDING

$20.4 M

TOTAL FUNDING COMMENT

plus undisclosed amount

SEED & PRIOR FUNDING

$10.2 M

SEED PRIOR FUNDING COMMENT

plus undisclosed amount

FUNDING SERIES

SERIES A  · $10.2 M  · ---

LISTED

NO

BASICS

FOUNDING YEAR:

2014

LOCATION:

Canada

Views:

61 VISITORS | 105 VIEWS
LATEST FUNDING ROUND

$20.4 M

TOTAL EMPLOYEES
1-10

About

Grouplend is an online lending platform. The platform's technology and data analytics bring together middle class Canadians seeking loans with money from private investors all in a online environment.

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!

Focus+
Momentum+
Traction+
People+
Other+

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