Our Story

Lenddo has developed its patented technology based on 4 years of actual online lending experience that included collection, analysis and processing of billions of data points. The Lenddo Data Science team includes PhDs and uses advanced machine learning techniques to build predictive algorithms. In January 2015, Lenddo opened its technologies for third parties, such as banks, lending institutions, utilities companies and credit card worldwide to reduce risk, increase portfolio size, improve customer service and verify applicants.

Lenddo is a technology company that forged the idea of using non traditional data to compute people’s credit scores. It was founded in 2011 and its main focus initially was to improve lives of the emerging middle class in developing countries by providing micro loans for specific purposes.

This focus has evolved to work with financial institutions (and other firms) as partners, so its customers can use their social networks and other data such as Facebook, Linkedin, Google, Yahoo and Twitter to prove their identity and creditworthiness. Lenddo now offers a simple and secure way to prove identity and establish your character online to unlock loans, online shopping and improve chances of employment.


Key Milestones

  • April
    2016
    Lenddo live in 20 countries
  • January
    2016
    Launched Lenddo in India and South Korea
  • October
    2015
    Raised Series B-1 funding
    Winner of Mondato Award in Mobile Finance and Commerce
  • January
    2015
    Announced availability for third parties
    Launched Identity Verification service
  • October
    2014
    Lenddo's portfolio sold to local bank
  • March
    2014
    Issued 10,000 loans using the LenddoScore
    Accuracy for predicting default proven
  • September
    2013
    Honored as one of World Economic Forum's 2014 Tech Pioneers
  • May
    2013
    Launched Lenddo Mexico
  • February
    2013
    Economist: 'Perhaps no company has gone as far as Lenddo, loan-seekers ask Facebook friends to vouch for them.'
  • May
    2012
    Launched Lenddo Colombia
  • January
    2011
    Lenddo is incorporated, starts operation in Philippines and issues first loans

Our Investors