Lendify Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Employees
-
50
- Latest Deal Type
-
M&A
Lendify General Information
Description
Provider of financial lending services intended to help businesses manage liquidity and fund expansion. The company offers manual credit assessments, personalized advisory, rapid fund disbursement, flexible invoice selection, automated reinvestment, and data-driven risk analysis, helping small and medium enterprises with immediate capital to optimize cash flow and support operational growth.
Contact Information
Website
www.lendify.com(Operating Subsidiary)
Corporate Office
- Kammakargatan 7
- 111 40 Stockholm
- Sweden
Corporate Office
- Kammakargatan 7
- 111 40 Stockholm
- Sweden
Lendify Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 04-Apr-2023 | Completed | Generating Revenue | |||
| 8. Merger/Acquisition | 20-Apr-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 21-Oct-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 21-Jan-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 09-Jun-2019 | Completed | Generating Revenue | |||
| 4. Angel (individual) | 01-Oct-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 08-Jan-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 01-Apr-2016 | $8.4M | $10.7M | Completed | Generating Revenue | |
| 1. Seed Round | 07-Apr-2015 | $2.32M | $2.32M | Completed | Generating Revenue |
Lendify Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 29,798 | $472.16 | $472.16 | 1x | $472.16 | 4.65% | ||
| Ordinary | 37,307 | $183.6 | $183.6 | 1x | $183.6 | 5.82% |
Lendify Comparisons
Industry
Financing
Details
Lendify Competitors (8)
One of Lendify’s 8 competitors is Brocc, a Venture Capital-Backed company based in Stockholm, Sweden.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Brocc | Venture Capital-Backed | Stockholm, Sweden | ||||
| Lendo (Specialized Finance) | Venture Capital-Backed | Riyadh, Saudi Arabia | ||||
| Cashare | Formerly Accelerator/Incubator backed | Hunenberg, Switzerland | ||||
| Loanboox | Venture Capital-Backed | Zurich, Switzerland | ||||
| Kameo | Venture Capital-Backed | Stockholm, Sweden |
Lendify Signals
Lendify Former Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Eklöf Invest | PE/Buyout | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Lendify Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Lendify Sweden 5 | Stockholm, Sweden | 2020 | |
| Lendify Technologies Ab (Publ) | Stockholm, Sweden | 2015 |
Lendify FAQs
-
When was Lendify founded?
Lendify was founded in 2014.
-
Where is Lendify headquartered?
Lendify is headquartered in Stockholm, Sweden.
-
What is the size of Lendify?
Lendify has 50 total employees.
-
What industry is Lendify in?
Lendify’s primary industry is Specialized Finance.
-
Is Lendify a private or public company?
Lendify is a Private company.
-
What is Lendify’s current revenue?
The current revenue for Lendify is .
-
How much funding has Lendify raised over time?
Lendify has raised $325M.
-
Who are Lendify’s investors?
, , Eklöf Invest, , and are 5 of 24 investors who have invested in Lendify.
-
Who are Lendify’s competitors?
Brocc, Lendo (Specialized Finance), Cashare, Loanboox, and Kameo are some of the 8 competitors of Lendify.
-
When was Lendify acquired?
Lendify was acquired on 04-Apr-2023.
-
Who acquired Lendify?
Lendify was acquired by SaveLend Group.
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