Lendela

Lendela

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Founded 2018

Singapore 46 employees Series A Total: $9.04M Financial Services, Lending and Investments

Lendela is a fast-growing fintech firm founded in 2018, with a mission to transform the global consumer finance industry. The platform matches borrowers with personalized loan offers through one simple application, providing choice and transparency and offering an alternative to the traditional lending landscape. Since its inception, Lendela has enabled over 200,000 consumers with the clarity and confidence to make informed financial decisions, alongside more than 100 lending partners. In 2023, Lendela successfully raised US$5M in an oversubscribed Series A to scale its unique model across Asia Pacific. The company’s backers include Singlife co-founder Walter de Oude’s Chocolate Ventures as well as prominent Singapore-based VC firm Cocoon Capital. Lendela currently serves customers in Singapore, Hong Kong, and Australia. This successful Series A investment at 23 November 2023 demonstrates strong investor confidence in Lendela's vision and potential for growth in the consumer finance industry.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$5.00M	4	Cocoon Capital, Genting Ventures +2	23 Nov 2023
Seed Round	$2.00M	2	Promise Future International, 2be.lu	27 Jan 2021
Convertible Note	$1.10M	-		01 Dec 2019
Seed Round	$940.00K	2	Cocoon Capital, IMO Ventures	12 Sep 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$5.00M

Cocoon Capital, Genting Ventures +2

23 Nov 2023

Seed Round

$2.00M

Promise Future International, 2be.lu

27 Jan 2021

Convertible Note

$1.10M

01 Dec 2019

Seed Round

$940.00K

Cocoon Capital, IMO Ventures

12 Sep 2018

FAQ About Lendela

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Lendela was founded in 2018.

Lendela is headquartered in Singapore.

Lendela operates in Financial Services and Lending and Investments. Its work centres on consumer finance, loan matching platform, alternative lending and Series A funding.

Lendela has approximately 46 employees.

Lendela has completed 4 funding rounds, raising a total of $9.04M. The latest funding stage is Series A.

Top alternatives and competitors to Lendela include Loanwired Fintech (PVT.) Limited, Athena Home Loans, Onate, Funding Societies Singapore, Oriente. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Lendela and Loanwired Fintech (PVT.) Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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About Lendela

Funding Rounds & Investors (4)

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FAQ About Lendela