Lentra logo — Transforming digital lending with a seamless SaaS platform,...

Lentra

Transforming digital lending with a seamless SaaS platform, AI and mobile technology.

Founded 2019 India Pune, India 818 employees Series B Total: $103.61M Fintech, Information Technology +1

General Information

Company Name Lentra
Founded Year 2019
Location India Pune, India
Employees 818
Industries Fintech, Information Technology, Lending and Investments
Funding Stage Series B
Social

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About Lentra

Lentra, a Fintech and Information Technology startup founded in 2019, is revolutionizing digital lending with its seamless SaaS platform, AI, and mobile technology. The company's mission is to democratize digital lending for banks and NBFCs through its innovative platform, allowing them to create customized loan products and improve customer experiences using an API-driven modular architecture. Currently, Lentra's digital lending platform serves over 50 banks and has processed over $20 billion worth of loan applications, with 2 million loans being processed every month. Lentra's impact extends to helping its customers expand their reach, reduce non-performing assets, and optimize operational efficiencies. The company's adoption of a Pay-as-you-go pricing model further supports its clients' growth. With its last investment of $27.00M in a Series B round on 24 April 2023, Lentra has attracted notable investors such as BVP, Citi, HDFC, MUFG, SIG, and Vy. Based in India, Lentra is poised for significant growth and disruption within the digital lending space. For more information, visit Lentra's website at https://Lentra.ai/.

Business keywords: digital lending, mobile technology, banking technology, API-driven architecture, loan processing, non-performing assets, operational efficiency, investment, modular architecture, banking innovation

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Series B $27.00M 3
MUFG Innovation Partners, MUFG Bank +1
24 Apr 2023
Series B $60.00M 3
Bessemer Venture Partners, Citi Ventures +1
13 Nov 2022
Series A $4.91M 2
Bessemer Venture Partners, Susquehanna Asia Venture Capital
05 May 2022
Series A $11.70M 2
Bessemer Venture Partners, HDFC Bank
21 Nov 2019

Lentra Alternatives & Competitors

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FAQ About Lentra

Transforming digital lending with a seamless SaaS platform, AI and mobile technology.
Lentra was founded in 2019.
Lentra is headquartered in Pune, India.
Lentra operates in Fintech, Information Technology and Lending and Investments. Its work centres on digital lending, mobile technology, banking technology and API-driven architecture.
Lentra has approximately 818 employees.
Lentra has completed 4 funding rounds, raising a total of $103.61M. The latest funding stage is Series B.
Top alternatives and competitors to Lentra include LendFoundry, Able, Credgenics, Credy, Presta. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lentra and LendFoundry 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.

Source: BounceWatch company record for Lentra, https://bouncewatch.com/company/lentra, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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