Lendable is a UK-based lending platform that was founded in 2014. The platform operates in the peer-to-peer lending space, offering personal loans to individuals. Lendable differentiates itself by leveraging technology to simplify the borrowing process, providing instant decisions, personalized rates, and quick fund transfers, often within minutes of approval.
One of the key features of Lendable is its inclusive approach to lending. The platform looks beyond traditional credit scores and is willing to offer loans to individuals with less-than-perfect credit histories. By utilizing advanced technology and data analytics, Lendable aims to provide fair rates to a wider range of borrowers, making borrowing more accessible and affordable.
Unlike traditional banks that may have legacy systems and processes in place, Lendable's technology-driven approach allows for a more streamlined and efficient lending experience. By reducing unnecessary bureaucracy and focusing on customer needs, Lendable is able to offer a more responsive and user-friendly service.
Investors looking to participate in Lendable's crowdfunding opportunities can do so with a minimum investment of €1,000. The platform operates in the peer-to-peer lending sector, providing investors with the opportunity to earn returns by funding personal loans to borrowers.
Overall, Lendable's innovative use of technology, commitment to inclusivity, and focus on customer experience set it apart in the lending industry. By offering a straightforward and efficient borrowing process, Lendable aims to provide a valuable service to both borrowers and investors in the UK market.