Company Overview

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Founded:
January, 2011
Founders:
Richard Eldridge
Employees:
25
Funding:
$14M
Categories:
Emerging Markets, Credit, Finance
Description:
Lenddo is an online platform helping members use their social connections to build creditworthiness and access local financial services.

Detailed Description

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Lenddo is the first online community where members engage their social network to establish trustworthiness and gain access to life improving financial services and loans. By combining community-based lending techniques with social network data, Lenddo has created the first trustworthiness scoring platform optimized to service emerging markets; specifically, markets where traditional credit scores and collateral frameworks may not exist. Lenddo is currently making life-improving loans to its members in the Philippines Mexico and Colombia, with plans to expand its platform to include additional financial products and new emerging markets in the coming months.

Lenddo seek to improve the lives of millions. The community helps members use their online reputation to access financial services, which in turn fosters economic development, and a better standard of living.

The Lenddo community is designed to empower the emerging markets middle class by providing simple tools to manage financial reputation, help their community and connect with interested institutional lenders.

Lenddo was started with the belief that professionals in emerging markets should have access to the same high level of financial products and services as are enjoyed in more mature financial markets such as Japan, Germany, United Kingdom and the United States. The Lenddo community helps its members measure and maintain their online reputation, with the goal of providing a Lenddo Score that can help access credit and other financial services.

Current Team (8)

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Board Members and Advisors (3)

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Investors (9)

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    Kickstart Ventures

    Kickstart Ventures is an incubator providing capital, facilities, expertise and business...
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    Golden Gate Ventures

    Golden Gate Ventures is a seed fund investing in early-stage internet startups in Southeast Asia.
  • Dc55770e7e2a46ea7c515292445eeb6a
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    Lumia Capital

    VC firm partnering with leading tech companies in under-invested emerging markets and...
  • Fa3afadb8385274e904b69c306c3c892

    Metamorphic Ventures

    Metamorphic Ventures is a New York City based venture capital firm that invests in start-up and...
  • Zpphmpnbxu53zufmah8t

    iNovia Capital

    A venture capital firm, iNovia partners with entrepreneurs and helps build successful technology...
  • Bae2cfa8293f4f245044c693be248715

    Omidyar Network

    Pierre Omidyar, the founder of eBay, and his wife, Pam, established Omidyar Network based on the...
  • C366cb63916d4aff500ee63286ae7bd4

    Blumberg Capital

    Blumberg Capital is a classic, early-stage venture capital firm focused on investing in...

Offices/Locations (2)

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  • Head Office

    73 Connaught Road

    Central

    ,

    Hong Kong

  • Mexico

    CP 11550, Mexico DF

    Durango City,

    MEX

Competitors (1)

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