Trade Lenda logo — Empowering Small Businesses with Inclusive Financing | Curre...

Trade Lenda

Empowering Small Businesses with Inclusive Financing | Currently raising an Active Seed Round

Founded 2021 United States Wilmington, United States 12 employees Pre-Seed Total: $620.00K Financial Services, Fintech

General Information

Company Name Trade Lenda
Founded Year 2021
Location United States Wilmington, United States
Employees 12
Industries Financial Services, Fintech
Funding Stage Pre-Seed
Social

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About Trade Lenda

Trade Lenda, a fintech startup founded in 2021, aims to address the financing gaps of businesses across emerging markets, starting with Micro, Small, and Medium Enterprises (MSMEs). The company's slogan, "Digital Bank for the Underserved, starting with timely access to credit for MSMEs," reflects its mission to provide timely access to credit, four times faster than other alternatives in the market.

With its headquarters in United States, Trade Lenda has already made significant strides; it facilitated over $5 million in disbursements to MSMEs in Nigeria, generating over $400,000 in revenue within its first three years of operation. The startup's recent $520.00K Pre Seed Round investment on 27 January 2023 attracted support from notable investors including Expert DOJO, Techstars, Sovereign's Capital, Labs by ARM, and GetEquity.

Trade Lenda's success in addressing the financial needs of underserved businesses, combined with its impressive track record and backing from established investors, positions the company as a promising player in the financial services and fintech sectors. As the startup continues to expand its reach and impact in emerging markets, it presents an enticing opportunity for venture capital firms looking to invest in innovative solutions that drive financial inclusion and empowerment.

Taxonomy: digital bank, MSMEs, credit access, emerging markets, trade financing, alternative data sources, smart data algorithm, micro savings, investment, pension, trade lenda, supply value chain, emerging economies

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $520.00K 6
Expert DOJO, Techstars +4
27 Jan 2023
Pre Seed Round $100.00K 3
Expert DOJO, Ardent Venture Partners +1
01 Nov 2022

Trade Lenda Alternatives & Competitors

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Trade Lenda vs
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FAQ About Trade Lenda

Empowering Small Businesses with Inclusive Financing | Currently raising an Active Seed Round
Trade Lenda was founded in 2021.
Trade Lenda is headquartered in Wilmington, United States.
Trade Lenda operates in Financial Services and Fintech. Its work centres on digital bank, MSMEs, credit access and emerging markets.
Trade Lenda has approximately 12 employees.
Trade Lenda has completed 2 funding rounds, raising a total of $620.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Trade Lenda include Jeff App, Fishtail, umati capital, Credit OK, Fellow Pay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Trade Lenda and Jeff App 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 Trade Lenda, https://bouncewatch.com/company/trade-lenda, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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