Lendico Crowdfunding Platform For Online Fundraising in 2024

Lendico is a crowdlending platform that was founded in 2013 in the Netherlands. It initially offered personal and business loans funded by private investors through peer-to-peer lending. However, as of now, Lendico no longer provides new loans or investment opportunities. Instead, the platform focuses on managing existing loans and investments made in the past.

Lendico facilitated crowdfunding opportunities primarily in the SME sector, allowing individuals and corporations to invest in various projects. The platform had a minimum investment requirement of just 1 EUR, making it accessible to a wide range of investors. The investment model employed by Lendico was peer-to-peer lending, connecting borrowers with lenders directly through the platform.

Although Lendico no longer offers new lending or investment opportunities, it continues to operate as a credit provider managing existing loans and investments. The platform was available in multiple languages, including English and German, to cater to a broader audience of investors.

Lendico was a member of the Swiss crowdfunding association, which added to its credibility and trustworthiness in the crowdfunding industry. While it no longer actively facilitates new investments, those who had previously invested through Lendico may still have ongoing commitments that are being managed by the platform.

Overall, Lendico played a significant role in the crowdfunding landscape, providing a platform for investors to participate in peer-to-peer lending for personal and business loans. Despite its shift in focus to managing existing loans, Lendico's legacy continues to impact the crowdfunding sector.