LendEDU.com

lendingonline loans

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 09/07/2020

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About

Lendedu is a common application platform that provides borrowers the ability to compare student loan and student loan consolidation offers. They aim to make the process of finding, comparing, and applying for student loans easy. The platform is integrated with Experian and Transunion to accommodate every lender.

Focus

PRODUCTS & SERVICES

Refinance Student Loan Platform. Helps borrowers to compare different student loan lenders to get loan at low interest rate.

REVENUE MODEL

Lendedu earn commission or fee from a lender when a offer is accepted or completed directly with a lender.

MAIN CLIENTS

Student loan borrowers and consumers

EXISTING PARTNERSHIPS

DRB

Lendkey

Sofi

CommonBond

iHelp - Refinance partner.

COMMENT

Student loan at a very low interest rate of 2.13%, low cost refinancing and features like repayment calculator, loan payment calculator and tips on personal finance.

Traction

VALUATION / MARKET CAP:

$130 K in 2015

People

FOUNDERS

Matt Lenhard

Nate Matherson

BOARD MEMBERS AND ADVISORS

Adam Ingersoll

Dan Smith

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Iowa Startup Accelerator

Y Combinator

Momentum

FUNDED

YES

TOTAL FUNDING

$120 K

DATE OF LAST FUNDING

Mar 2016

SEED & PRIOR FUNDING

$120 K

LISTED

NO

BASICS

FOUNDING YEAR:

2014

LOCATION:

United States

Views:

48 VISITORS | 64 VIEWS
LATEST FUNDING ROUND

$120 K

TOTAL EMPLOYEES
11-50

About

Lendedu is a common application platform that provides borrowers the ability to compare student loan and student loan consolidation offers. They aim to make the process of finding, comparing, and applying for student loans easy. The platform is integrated with Experian and Transunion to accommodate every lender.

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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