Lend is a Swiss peer-to-peer lending platform founded in 2015, operating in Switzerland. The platform offers a unique approach to lending by cutting out traditional banks from the loan process. Lend directly connects borrowers with investors, allowing for more competitive interest rates for borrowers and higher returns for investors.
Lend focuses on various types of loans, including real estate, small and medium enterprises (SMEs), and personal loans. This diverse range of loan options provides opportunities for both borrowers and investors to find suitable matches for their financial needs.
Investors on the Lend platform can start investing with a minimum of 500 EUR, although specific details about the advertised returns, total funding volume, average loan duration, and number of investors are not readily available. The platform supports multiple languages, including English, German, and French, making it accessible to a broader range of users.
By facilitating direct lending between individuals, Lend aims to create a more streamlined and efficient lending process. Borrowers benefit from potentially lower interest rates compared to traditional bank loans, while investors have the opportunity to earn higher returns on their invested funds.
Overall, Lend provides a transparent and easy-to-use platform for individuals looking to either borrow money or invest in peer-to-peer loans. With its innovative approach to lending, Lend has carved out a niche in the Swiss financial market, offering an alternative to traditional banking institutions.