LendKey Technologies

LendKey Technologies

  • FOUNDING YEAR: 2007
    LOCATION:
    United States
    REGION:
    New York
    Last Update:
    14 Feb, 2020
    Phone:
    +1 800-583-1416

Description

FOCUS

PRODUCTS & SERVICES:
Cloud based loan platform for student loan refinancing, private student loans, referral programs. Borrowers- Save money with the help of lower interest rate. Lenders - Full scale marketing, operations and technological support.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Summit Credit Union, Belvoir Federal Credit Union, Betty house.
EXISTING PARTNERSHIPS:
Truecar, Western Independent Bankers(WIB) - Lendkey is a student lending partner and WIB wil provide student lending solution to community banks across the western states.
COMMENT
Cloud based lending technology reduces the investment requirements, provide instant scaling up and increase the ROI.

PEOPLE

MEDICI analysts will analyze LendKey Technologies soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$27.5 Millions
DATE OF LAST FUNDING:
Jul 2017
SEED & PRIOR FUNDING:
$500 K
FUNDING SERIES:
SERIES A
$6.5 Millions Closed: Jan 2010
SERIES B
$12.5 Millions Closed: Aug 2013
SERIES C
$8 Millions Closed: Jul 2017
DEBT FUNDING:
$17.23 Millions
LISTED:
NO

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