Lenddo

Lenddo

  • FOUNDING YEAR: 2011
    LOCATION:
    Hong Kong
    REGION:
    Hong Kong Island
    Last Update:
    7 Jan, 2020
    Global presence:
    Singapore

Description

FOCUS

PRODUCTS & SERVICES:
Its product offerings include: 1. Credit Scoring: The LenddoScore: It leverages AI and predictive analytics to determine the users "willingness to pay". Its scale lies between 1 to 1000, where higher scores represent lower chances of default. 2. Lenddo Verification: It helps the clients' to verify the information of the applicants and run a background check on them. Additionally, it also provides the following services: - Scorecard Model Hosting: These are the risk models, that helps customers to improve their current scorecard performance. It includes the parameters like application information, credit bureau reports, banking data including balances and transactions, telecommunications data including call logs, and their purchasing behavior. - Scorecard Design Consulting: It is a module that helps in the designing and automating of the scorecard. - Semi-Annual Scorecard Review: It provides users with the semi-annual review of their scorecard that enables them to monitor and verify their performance.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
i-Lend, FICO, CRIF
COMMENT
Lenddo uses customers' social networks such as Facebook, Linkedin, Google, Yahoo, and Twitter to prove their identity and creditworthiness.

PEOPLE

MEDICI analysts will analyze Lenddo soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$14 Million
DATE OF LAST FUNDING:
Nov 2018
FUNDING SERIES:
SERIES A
$8 Millions Closed: May 2012
SERIES B
$6 Millions Closed: Oct 2015
COMMENTS
SERIES A : Cumulative funding indicated
PRIZE MONEY:
$109.16 K
LISTED:
NO

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