Lendonomy logo — Lendonomy is a mobile microlending app for young people, hel...

Lendonomy

Lendonomy is a mobile microlending app for young people, helping to build a credit history while reducing risks.

Founded 2018 Norway Norway 2-10 employees Financial Services

General Information

Company Name Lendonomy
Founded Year 2018
Location Norway Norway
Employees 2-10
Industries Financial Services
Social

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About Lendonomy

Lendonomy is a mobile microlending app targeted at the young demographic, aiming to assist them in building a credit history while mitigating risks. Utilizing a peer-to-peer model, the app operates akin to Tinder, providing a user-friendly interface for quick and easy borrowing, lending, and sharing small amounts of money. Notably, all transactions are recorded on the blockchain for international verification and transferability. An intriguing aspect of Lendonomy is its focus on reducing the anxiety often associated with borrowing and cultivating future investors from past borrowers. By charging a nominal matching fee of 1 EUR per match, the platform offers lenders a 2.5% interest rate per month, presenting an enticing return on investment. The company was founded in 2018 and is based in Norway. Lendonomy also incorporates an educational component, gamifying the learning experience and promoting sponsored material and videos relevant to the users. Currently, no public record exists regarding their last investment or investors. Lendonomy operates within the financial services industry, targeting an underserved market with significant potential for growth and impact.

Taxonomy: microlending, peer to peer lending, credit history, risk reduction, young adults, financial education, gamification, investment, credit building, lending platform, financial inclusion

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Lendonomy Alternatives & Competitors

Lendonomy vs

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Lenme
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FAQ About Lendonomy

Lendonomy is a mobile microlending app for young people, helping to build a credit history while reducing risks.
Lendonomy was founded in 2018.
Lendonomy is headquartered in Norway.
Lendonomy operates in the following industries: Financial Services.
Lendonomy has approximately 2-10 employees.
Top alternatives and competitors to Lendonomy include LendyTech (part of Untie Group), Lenme, IndiaMoneyMart, DeFi For You., Cashlend.bg. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lendonomy and LendyTech (part of Untie Group) 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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