LendFriend

lendingp2p lending

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 19/01/2021

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

About

Friends and family loans made simple. Questions? We'd love to talk to you.

MEDICI Analysis

LendFriend offers software products that provide support for users during the loan creation, proposal, approval and repayment. The identified customer profiles are targeted for larger loans with lower interest rates because their loan repayment is disproportional to their credit score.

Focus

PRODUCTS & SERVICES

P2P lending platform and Multiple underwriting models. Helps the underserved unbanked population neglected by traditional banks.

REVENUE MODEL

Transaction based revenue model. Company charge 1.5% service fee + 0.50c per payment.

MAIN CLIENTS

Retail borrowers

COMMENT

Makes use of proprietary underwriting models to identfy customer profiles to be targeted for loans which will be helpful for investors.

Traction

TRANSACTIONS VALUE:

$3 M

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

227

AVERAGE VISITS (6 MONTHS)

138.52

MONTHLY VISITS GROWTH

114.21%

VISIT DURATION

---

VISIT DURATION GROWTH

---

PAGE VIEWS VISIT

1

PAGE VIEWS VISIT GROWTH

0%

BOUNCE RATE

100%

BOUNCE RATE GROWTH

0%

GLOBAL TRAFFIC RANK

16,488,575

MONTHLY RANK CHANGE

-11,268,188

MONTHLY RANK GROWTH

-40.6%

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp