Lendable Inc., established in 2014 and headquartered in San Francisco, specializes in facilitating debt financing for fintech firms operating in emerging and frontier markets. The company's core business involves operating an online lending platform that connects alternative lenders with institutional debt investors, thereby bridging the funding gap for high-growth fintechs in Africa and other developing regions. Lendable aims to expand financial access by supporting impact investing as a competitive asset class, targeting one hundred million underserved borrowers worldwide.
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.
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