Overview

Update
Total Equity Funding
$19.5M in 3 Rounds from 5 Investors
Most Recent Funding
$8M Debt Financing on May 28, 2015
Headquarters:
New York, NY
Description:
LendKey Technologies develops a cloud-based platform which connects lenders with borrowers and facilitates online lending of loans.
Founders:
,
Categories:
Consumer Lending, Finance, FinTech
Website:
http://www.lendkey.com
Social:

Company Details

Update

LendKey Technologies develops a cloud-based platform which connects lenders with borrowers and facilitates online lending of loans. It enables consumers to find and borrow private student loans, auto loans, and personal loans from credit unions and community banks.

The platform handles various aspects of online lending programs, including demand generation, online decision-making, loan servicing, and balance management. The platform serves portfolio of loans through digital invoicing, payment processing, and real-time reporting. Its digital origination process features electronic loan jackets, signature services, and funds disbursement.

Clients can set custom pricing and make real-time decisions based on their own credit scorecards across multiple asset classes. Consumers can apply online for loans; get a list of rates terms tailored to their profiles, locations, and debt amounts; customize loans to meet financial goals; and upload documents and get the loans funded by a community funder.

LendKey Technologies was co-founded by Chirag Chaman and Vince Passione in 2007 and is based in New York, United States.

Funding Rounds (7) - $31.73M

Update
DateAmount / RoundValuationLead InvestorInvestors
May, 2015$8M / Debt Financing1
Aug, 2013$12.5M / Series B4
Apr, 2012$1M / Debt Financing0
Aug, 2011$2.03M / Debt Financing0
Jan, 2010$6.5M / Series A3
Aug, 2009$1.2M / Debt Financing4
Oct, 2007$500k / Angel0

Current Team (3)

Update

Board Members and Advisors (2)

Update

Competitors (5)

Update
  • CapAlly is an online peer-to-peer student loan marketplace that links students to financial support and professional guidance.
  • To create an alternative to banks that offers both borrowers and investors a great rate.
  • Loanio is an auction-based peer-to-peer lending website.
  • The first marketplace lender in the U.S, Prosper Marketplace helps people get on top of their finances.
  • Qifang is a Chinese peer-to-peer lending online community focused on student loans.

Offices/Locations (1)

Update
  • Office

    224 West 30th St, Suite 604

    New York, NY 10001

    USA

Images (1)

Update

Add Acquisitions

Add Products

Add Sub Organizations

Add Memberships

Add Customers

Add Partners

Add Videos