Lendable

LendMN NBFI JSC, established in 2006 and headquartered in Ulaanbaatar, Mongolia, is a non-banking financial institution specializing in mobile-based financial services for underserved populations. It offers consumer micro-loans and Lend Wallet, a digital payment platform enabling various transactions. The company uses proprietary AI-powered technology to assess creditworthiness via mobile phone data, facilitating instant, collateral-free loans with personalized interest rates. Repayment history influences future loan sizes and interest rates, while rewards are offered for good behavior, referrals, and engagement in educational content. LendMN NBFI JSC is a subsidiary of AND Systems LLC.

Lhoopa is a property technology company focused on transforming the affordable housing landscape in emerging markets. By utilizing data-driven insights and innovative approaches, Lhoopa collaborates with local partners to facilitate the development of affordable homes, effectively tackling the pressing housing shortages in these regions. The company operates within the real estate sector, assisting various partners and clients in navigating property transactions, from raw land to developed properties and rental markets. Lhoopa emphasizes customization to meet the unique needs of its partners, aiming to enhance profitability and foster sustainable growth in the real estate market.

Sun King is a solar energy company that specializes in providing off-grid power solutions across Africa and Asia. It designs, manufactures, and distributes solar home systems, inverter systems, and portable lanterns, targeting communities with limited access to reliable electricity. Sun King offers pay-as-you-go financing options, enabling customers to acquire these products through small, affordable installments over time. The company collaborates with international distribution partners to expand its reach within the off-grid market.

Validus is a Southeast Asian fintech company that leverages data and artificial intelligence to provide growth financing to underserved small and medium enterprises. Headquartered in Singapore, it operates in Indonesia, Vietnam, and Thailand, partnering with corporations to deliver supply‑chain financing solutions that support local SME ecosystems. The firm holds a Capital Markets Services licence from the Monetary Authority of Singapore and its Indonesian subsidiary is registered with the OJK. Backed by prominent venture capital investors, Validus offers a comprehensive suite of financial services—including SME lending, crowd‑lending, business accounts, corporate cards, expense management, money transfers, and foreign remittance—positioning it as a leading all‑in‑one SME financing platform in the region.

Solvento is a fintech company that provides a digital financial platform specifically designed for the trucking industry. The company develops a payment and credit infrastructure that enables truckers to access credit lines and automate payment processing. By integrating with transportation management systems, GPS, and enterprise resource planning systems, Solvento enhances operational efficiency and liquidity for its clients. This platform allows truckers to finance invoices immediately upon delivery of goods, alleviating cash flow challenges and enabling them to focus on their operations and growth. Overall, Solvento aims to strengthen the supply chain by offering reliable, flexible, and user-friendly financial tools tailored to the needs of the trucking sector.

R5 is a company based in Colombia that simplifies vehicle ownership by providing an online insurance and lending platform. It enables low-income customers to use their cars and motorcycles as collateral to secure financing. The platform facilitates access to funds for refinancing expensive debt or investing in businesses, offering a digital process for purchasing compulsory vehicle insurance with affordable policies. Through its services, R5 allows customers to leverage their vehicles to obtain credit at lower rates, making financial opportunities more accessible.

Advance Tech Lending Inc. is an online salary loans provider based in Makati City, Philippines, founded in 2018. The company focuses on enhancing employee productivity by offering financial empowerment solutions. By providing quick access to funds, Advance Tech Lending helps employees meet their daily financial needs with minimal hassle, charging only a processing fee without any interest. This approach not only facilitates immediate financial relief but also contributes to increased employee engagement, reduced turnover, and lower workplace stress, thereby assisting organizations in attracting and retaining talent.

Co-founded by Gregorio Gilardini and Alejandro Garay in 2018, Leasy is a FinTech platform that provides automobile financing to ride-hailing drivers through a subscription model. It uses its algorithm and evaluators to analyze users' profiles and find suitable cars for them and helps customers to enter into a contract to own a vehicle.

ShopUp is a Bangladesh-based technology company that operates a full-stack B2B commerce platform, designed specifically for small businesses. The platform provides these businesses with easy access to B2B sourcing, last-mile logistics, and buy-now-pay-later (BNPL) solutions. Headquartered in Dhaka, ShopUp aims to empower small businesses by offering them digital credit and business management tools, enabling them to access a wide range of products and services tailored to their needs.

F88 is a financial services firm that specializes in providing loans to micro and small businesses as well as individual consumers, primarily using automobiles as collateral. The company operates a chain of pawnshops designed to alter the social perceptions of the traditional pawn market. Its offerings include small loans backed by diversified mortgage assets such as cars, motorcycles, and electronics, facilitated through streamlined procedures and rapid disbursement. F88 emphasizes professional consulting services and ensures that asset valuations are close to market prices. With a strong management team and a commitment to delivering reliable and friendly financial services, F88 aims to meet short-term cash needs effectively. The company has been recognized for its excellence in service and product reliability, receiving accolades such as the Gold Cup from the Intellectual Property and Creativity magazine in 2016.

Numida Technologies is a digital financial institution based in Kampala, Uganda, founded in 2015. The company specializes in serving micro- and small businesses in East Africa by offering application software that helps these enterprises maintain up-to-date digital financial records. Numida's proprietary credit scoring system enables it to provide unsecured growth and working capital loans to businesses, which not only results in high portfolio yields but also significantly impacts the livelihoods of borrowers. The platform aims to lower risks and costs for lending institutions, leading to improved lending terms for borrowers and fostering a thriving small business sector that creates employment, increases tax revenues, and enhances living standards for entrepreneurs and their staff.

Fazz is a financial technology company based in Singapore and Indonesia, founded in 2016. It focuses on providing digital financial services to enhance financial inclusion across Southeast Asia, particularly targeting underserved segments such as micro and small enterprises. Fazz offers a range of services including payment processing, banking, and investment solutions tailored for small businesses, startups, and large corporations. Its flagship offerings include Fazz Agen, an agent-based financial application designed for micro and small businesses, and Fazz Business, a comprehensive business account that facilitates payments, capital growth, and funding opportunities. The merger of PayFazz and Xfers has strengthened Fazz's position in the fintech landscape, enabling it to deliver diverse financial services to consumers and businesses alike.

Wave Mobile Money is a financial technology company focused on providing app-based solutions for saving, transferring, and borrowing money in Africa. With a mission to create the first cashless continent, Wave aims to address the challenge of limited access to banking services, as less than 10% of the African population has a bank account. The company is developing an inclusive financial network that offers no account fees and allows for instant transactions, making it accessible to a broader audience. By leveraging technology, Wave is creating affordable financial services that enable individuals to manage their money effectively, thereby fostering economic empowerment and contributing to poverty alleviation. Its platform supports various services, including deposits, withdrawals, bill payments, and money transfers, facilitating cashless transactions for users and businesses alike.

UsPlus is a financial services company that specializes in offering flexible working capital solutions to small and medium-sized enterprises (SMEs). By providing tailor-made financing options, UsPlus enables business owners to access liquidity that may be tied up in their accounts receivable. This approach allows SMEs to leverage their debtor's book effectively, ensuring they can seize growth opportunities as they arise. The company's focus on the unique needs of the SME sector distinguishes it in the financial services landscape, facilitating essential funding that supports business expansion and operational efficiency.

Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.

BillEase offers applications that split customers' payments into interest-bearing installments. The company also provides in-app services like personal loans, mobile loads, gaming credits, and e-wallet top-ups. Users can purchase goods and services online and split their payments into installments. The service is designed to provide a more flexible payment option for customers who prefer to spread the cost of their purchases over time without incurring high-interest fees typically associated with credit cards.

Khazna is a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of the population who are active smartphone users but lack access to traditional banking. The company offers a range of services, including General Purpose Credit, Buy Now Pay Later (BNPL), bill payment, savings, and insurance. Additionally, Khazna enables employers to provide cash advances to employees for unforeseen emergencies and facilitates seamless transfers and withdrawals without transaction fees. By focusing on digitizing cash transactions, Khazna aims to provide convenient, effective, and secure smartphone-based financial solutions, thereby improving the overall financial landscape in Egypt and potentially beyond.

Khazna is a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of the population who are active smartphone users but lack access to traditional banking. The company offers a range of services, including General Purpose Credit, Buy Now Pay Later (BNPL), bill payment, savings, and insurance. Additionally, Khazna enables employers to provide cash advances to employees for unforeseen emergencies and facilitates seamless transfers and withdrawals without transaction fees. By focusing on digitizing cash transactions, Khazna aims to provide convenient, effective, and secure smartphone-based financial solutions, thereby improving the overall financial landscape in Egypt and potentially beyond.

Baobab is a cyber insurance company that offers protection to organizations against expenses, fees, and legal costs resulting from cyber breaches. By leveraging technology and specialized knowledge, Baobab provides comprehensive services designed to safeguard businesses from both existing and emerging cyber threats. The company's offerings enable clients to manage a variety of internet-based risks associated with their information technology infrastructure and activities. Through its focus on cyber insurance, Baobab aims to help organizations navigate the complexities of cybersecurity and mitigate potential financial impacts from cyber incidents.

F88 is a financial services firm that specializes in providing loans to micro and small businesses as well as individual consumers, primarily using automobiles as collateral. The company operates a chain of pawnshops designed to alter the social perceptions of the traditional pawn market. Its offerings include small loans backed by diversified mortgage assets such as cars, motorcycles, and electronics, facilitated through streamlined procedures and rapid disbursement. F88 emphasizes professional consulting services and ensures that asset valuations are close to market prices. With a strong management team and a commitment to delivering reliable and friendly financial services, F88 aims to meet short-term cash needs effectively. The company has been recognized for its excellence in service and product reliability, receiving accolades such as the Gold Cup from the Intellectual Property and Creativity magazine in 2016.

Planet42 is a company focused on enhancing access to personal vehicles for individuals who are often overlooked by traditional banking systems. It operates by purchasing second-hand cars from a network of motor dealers and offering them to customers through a subscription model. This innovative approach allows clients to rent vehicles without the need to pay the full financing cost upfront. Planet42 employs technology to assess customers' validation documents, such as identity papers and financial statements, ensuring a streamlined process that eliminates the necessity for in-person interactions. By providing affordable rent-to-buy options, Planet42 aims to facilitate financial inclusion and democratize mobility for a broader audience.

MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.

Finclusion is a FinTech accelerating company that provides financial services and credit products using AI-powered and data-driven lending for fraud prevention and credit granting. The company also offers buy-now-pay-later (BNPL) services, salary advance schemes, loan services, and transactional banking to individuals and SMEs across 5 countries—South Africa, Eswatini, Namibia, Kenya, and Tanzania.

Workmate is a technology-driven company that offers an on-demand staffing platform designed to connect businesses with qualified frontline workers across various sectors, including logistics, warehousing, food and beverage, and hospitality. By leveraging detailed workforce performance data, Workmate facilitates quick and scalable hiring, helping companies streamline their recruitment processes, minimize no-show rates, and enhance worker performance. The platform enables individuals to find short-term job opportunities instantly, matching their skills and experience with local businesses seeking immediate staffing solutions. This approach not only simplifies the hiring process for employers but also reduces administrative costs associated with managing large-scale workforces.

Trella, established in 2018 and headquartered in Cairo, Egypt, operates an online platform facilitating shipping and transportation services. It connects shippers with carriers, offering technology-driven solutions to enhance drivers' efficiency, boost earnings, and create job opportunities. Trella aims to reduce costs for shippers by improving load utilization, introduce transparent pricing structures, and provide real-time shipment tracking along with performance insights.

SAVii is an innovative platform that empowers HR leaders with 360 degree salary linked wellness services designed to elevate team members personally and professionally.

Amartha is a microfinance technology platform dedicated to fostering economic growth at the grassroots level by facilitating connections between micro and small to medium-sized enterprises (SMEs) and investors. The platform enables entrepreneurs, particularly in rural areas, to access microfinance loans through user-friendly mobile applications and websites. By bridging the gap between potential lenders and borrowers, Amartha aims to create equal opportunities for prosperity, thereby contributing to the overall development of local economies.

TerraPay is a mobile-first international payment network that enables secure and seamless transnational money transfers. By interconnecting various financial services providers, such as mobile wallet services, money transfer operators, banks, and payment platforms, TerraPay creates one cohesive network for the movement of funds. The company offers a range of transaction types, including interpersonal transfers, e-payments, and government disbursements. Its platform-agnostic approach supports standard open APIs, allowing for easy integration with any mobile wallet provider. This single connection grants partners access to a global payment network, streamlining service expansion while reducing operational and capital expenditures. As a regulated financial intermediary, TerraPay also encompasses regulatory compliance, foreign exchange management, and fund settlement within its suite of services, ensuring the processing, clearing, and settlement of mobile payments is handled efficiently and securely.

PayJoy Inc. is a consumer financing company based in San Francisco, California, founded in 2015. The firm specializes in providing smartphone-enabled financing solutions, primarily targeting underbanked individuals in emerging markets. By leveraging mobile security technology, PayJoy allows customers to select a smartphone, make an initial deposit, and choose a flexible payment plan. The financed smartphone serves as collateral, unlocking its full functionality once the purchase is complete. PayJoy's mission is to enhance access to credit for underserved populations, helping them navigate financial challenges and improve their economic standing. The company has successfully reached over 10 million customers across various countries, including Mexico, Brazil, Colombia, and South Africa, and continues to show solid profitability and growth.

Planet42 is a company focused on enhancing access to personal vehicles for individuals who are often overlooked by traditional banking systems. It operates by purchasing second-hand cars from a network of motor dealers and offering them to customers through a subscription model. This innovative approach allows clients to rent vehicles without the need to pay the full financing cost upfront. Planet42 employs technology to assess customers' validation documents, such as identity papers and financial statements, ensuring a streamlined process that eliminates the necessity for in-person interactions. By providing affordable rent-to-buy options, Planet42 aims to facilitate financial inclusion and democratize mobility for a broader audience.

FairMoney is a mobile banking platform founded in 2017, operating from Paris, France, and Lagos, Nigeria. The platform specializes in providing credit to private and business borrowers, particularly targeting underbanked populations in emerging markets. By leveraging smartphone data, FairMoney develops an instant credit score for users, facilitating access to various loan types, including personal, business, medical, and car loans. The company has disbursed over 350,000 loans and aims to make financial services more accessible and affordable for millions in Africa and South-East Asia. With a team of 45 professionals and backing from European and American investors, FairMoney is committed to transforming the financial landscape for underserved communities.

KoinWorks is a prominent financial technology company in Indonesia, recognized for its innovative approach to financial services. It operates a peer-to-peer lending platform that facilitates connections between investors and borrowers, offering loans for various purposes, including business ventures, healthcare needs, and educational pursuits. KoinWorks aims to provide accessible and affordable financial solutions through a comprehensive app that allows users to manage both assets and liabilities in one place. The company has received accolades for its contributions to financial innovation, including the Asian Banker Financial Innovation Award in 2019 for its lending services. Through its efficient online system, KoinWorks seeks to enhance financial inclusivity and empower individuals and businesses in their financial journeys.

Carbon is a mobile-only digital bank that offers innovative financial services to the financially underserved mass retail segment. Through their mobile app "Paylater," the company provides small loans quickly to help individuals manage their financial needs. Carbon's focus on serving those who may have limited access to traditional banking services sets them apart in the financial industry, offering a convenient and accessible solution for their customers.

Paylater is a digital financial services platform that specializes in consumer lending. They empower individuals with access to credit, simple payments solutions, high-yield investment opportunities and easy-to-use tools for personal financial management. Paylater also provides loans, online credits, investments, airtime purchases, bill payments, and funds transfers. Paylater is headquartered in Lagos, Nigeria.

Watu Credit Limited is a micro-finance institute specialized in emerging, sustainable and inclusive finance.Their mission is to contribute to sustainable development by providing access to capital to the benefit of micro-small, medium enterprises, low and middle income households.their corporate values are focused on the principles of independence, integrity, transparency, strict corporate governance, strong risk management, competitive lending rates and innovation of products and services.

F88 is a financial services firm that specializes in providing loans to micro and small businesses as well as individual consumers, primarily using automobiles as collateral. The company operates a chain of pawnshops designed to alter the social perceptions of the traditional pawn market. Its offerings include small loans backed by diversified mortgage assets such as cars, motorcycles, and electronics, facilitated through streamlined procedures and rapid disbursement. F88 emphasizes professional consulting services and ensures that asset valuations are close to market prices. With a strong management team and a commitment to delivering reliable and friendly financial services, F88 aims to meet short-term cash needs effectively. The company has been recognized for its excellence in service and product reliability, receiving accolades such as the Gold Cup from the Intellectual Property and Creativity magazine in 2016.