Founded in 2014 by a group of graduates, Lendable offers loans to consumers by matching them with investors. It aims to make loan applications easier and quicker by using technology to automate credit decisions and generate instant, personalised interest rates for borrowers. Revenues hit £32.2m in 2019, under co-founder and chief executive Martin Kissinger, 31. Last year, the company secured £700m to finance loans on its platform from investors including Goldman Sachs Private Capital and Waterfall Asset Management. The firm recently launched its first credit card, with car finance soon to follow.
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