Lendstar

paymentsmobile/digital wallet

STATUS: Closed
FOUNDING YEAR: 2013
LOCATION: Germany
Last Update: 19/01/2021

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About

Lendstar We bring life into banking Lendstar is a social finance app, with which users can send, share or lend money, combined with social features. The users can also link their current account directly with the app, to make simple, fast and secure bank transfers to their friends or family. The team has had numerous successes with their app, amongst them winning the Best of Mobile Awards 2015 finance category and being crowned the best Finance App of 2014 by Android magazine. Lendstar is currently working in partnership with various national and international banks. Lendstar is available in German and English, for iOS and Android. You can find more information about Lendstar at: www.lendstar.io/en Information regarding security at Lendstar: https://www.lendstar.io/en/security/ Imprint: https://www.lendstar.io/en/legal-notice/

MEDICI Analysis

Lendstar is a social finance app for paying and chatting among friends. The users can also link their current account directly with the app, to make simple, fast and secure bank transfers to their friends or family. The company was awarded the “Top Start-Up” award as part of the showcase of the SWIFT Innotribe Startup Challenge in Singapore in 2015.

Focus

PRODUCTS & SERVICES

A mobile app that allows users to source, share, and send money, combined with a link to their existing bank account. The app offers an excellent overview of all financial transactions as well as numerous possibilities to interact and communicate.

REVENUE MODEL

The Lendstar App does not cost anything.The company's revenue model is not specified.The company can be earning revenue from its partners and through advertisements shown in the app.

MAIN CLIENTS

Online retail consumers.

EXISTING PARTNERSHIPS

Volksbank Hellweg Eg

Sparda-Bank Bank (Hello Friend P2P finance App)

Traction

VALUATION / MARKET CAP:

$11.08 M in 2015

COMPANY TYPE:

For Profit

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

84

AVERAGE VISITS (6 MONTHS)

262.12

MONTHLY VISITS GROWTH

-29.69%

VISIT DURATION

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VISIT DURATION GROWTH

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PAGE VIEWS VISIT

1

PAGE VIEWS VISIT GROWTH

0%

BOUNCE RATE

100%

BOUNCE RATE GROWTH

0%

GLOBAL TRAFFIC RANK

23,892,008

MONTHLY RANK CHANGE

-2,884,390

MONTHLY RANK GROWTH

-10.77%

Innovation Programs

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