Lendable

LendMN NBFI JSC is a non-banking financial institution based in Ulaanbaatar, Mongolia, that offers mobile phone-based financial services aimed at providing instant loans to under-served individuals. Established in 2006 and formerly known as Duusashgui Undarga NBFI LLC, the company rebranded in December 2016. LendMN's primary offerings include consumer micro-loans and Lend Wallet, a digital platform facilitating various financial transactions. Utilizing proprietary A.I. technology, LendMN analyzes user data to generate personalized credit scores, enabling clients to access collateral-free loans quickly. The initial loan approval process, from application to fund disbursement, typically takes around 15 minutes, while subsequent loans can be processed in just 2 minutes. The platform also features a rewards and loyalty system that incentivizes good repayment behavior, offering clients benefits such as larger loan sizes and reduced interest rates, as well as rewards for referrals and engagement with educational content. LendMN operates as a subsidiary of AND Systems LLC.

Validus is a fintech company focused on providing growth financing solutions to underserved small and medium enterprises (SMEs) in the ASEAN region, including Singapore, Indonesia, Vietnam, and Thailand. The company employs data and artificial intelligence to facilitate access to short- and medium-term credit financing through its online marketplace, which operates on a peer-to-peer lending model. This platform connects SMEs with accredited investors, streamlining the financing process while minimizing costs associated with financial intermediation. Validus aims to foster inclusive growth for SMEs and the broader economy by partnering with corporations to enhance supply chain financing within SME ecosystems. The company is regulated by the Monetary Authority of Singapore and has also secured registration from Indonesia's OJK for its local operations.

R5 is a company based in Colombia that simplifies vehicle ownership for its customers. It operates an online platform designed to facilitate financing through the use of assets like cars and motorcycles as collateral. The platform caters primarily to low-income individuals, allowing them to refinance high-interest debt or secure funds for business investments. Additionally, R5 offers a digital solution for purchasing compulsory vehicle insurance at affordable rates, enabling customers to leverage their vehicles to access credit options with lower interest rates. This approach aims to make financial services more accessible and manageable for its users.

Advance Tech Lending is an online salary loans provider. They help employees cover their daily financial needs with a click of a button. They don’t charge interest, just a processing fee to get funds to you immediately.

F88 is a financial services firm specializing in providing loans to micro and small businesses, as well as individual consumers. The company primarily offers small loans secured by various assets, including automobiles, motorcycles, and electronics. F88 aims to transform perceptions of the traditional pawn market by delivering reliable and efficient financial services through a network of stores and a modern technology system. Its services include not only loans but also insurance and money transfers. With a focus on customer experience, F88 employs a professional management team and well-trained staff to ensure friendly and prompt service. The company has received recognition for its quality offerings, including a Gold Cup award for reliable products and preferred brands in 2016, highlighting its commitment to high standards in the financial sector.

Numida Technologies is a digital financial institution based in Kampala, Uganda, focused on serving micro, small, and medium enterprises in East Africa. Founded in 2015, Numida provides an application software that enables small businesses to maintain accurate digital financial records, allowing them to monitor their performance effectively. The company specializes in offering unsecured growth and working capital loans, leveraging a proprietary credit scoring system to assess borrowers' creditworthiness. By improving access to financing, Numida aims to foster a thriving small business sector that can create secure employment, enhance tax revenues for local governments, and uplift the living standards of entrepreneurs and their communities. Its platform not only helps businesses make informed financial decisions but also assists lending institutions in reducing risk and costs, ultimately leading to better lending terms for borrowers.

Alami is a licensed peer-to-peer lending platform established in 2019 and based in Jakarta, Indonesia. It focuses on providing financing to micro, small, and medium-sized enterprises through sharia finance principles. The platform connects lenders with funding recipients in a transparent manner, emphasizing the creation of a sustainable financial ecosystem aligned with Islamic values. By leveraging advanced data analysis, Alami offers meaningful insights into sharia financing, helping clients reduce transaction costs and expand their access to financial resources from various Islamic financial institutions.

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.

F88 is a financial services firm specializing in providing loans to micro and small businesses, as well as individual consumers. The company primarily offers small loans secured by various assets, including automobiles, motorcycles, and electronics. F88 aims to transform perceptions of the traditional pawn market by delivering reliable and efficient financial services through a network of stores and a modern technology system. Its services include not only loans but also insurance and money transfers. With a focus on customer experience, F88 employs a professional management team and well-trained staff to ensure friendly and prompt service. The company has received recognition for its quality offerings, including a Gold Cup award for reliable products and preferred brands in 2016, highlighting its commitment to high standards in the financial sector.

Planet42 is a company focused on improving access to personal vehicles for individuals overlooked by traditional banks. By utilizing technology to assess risk, Planet42 purchases second-hand cars from a network of motor dealers and offers them to customers through a subscription service. This model allows customers to rent vehicles without needing to meet in person or view the car beforehand. The company analyzes essential validation documents, including identity proofs, payslips, and bank statements, to ensure a smooth transaction process. Through its rent-to-buy automotive services, Planet42 provides an affordable path to vehicle ownership, promoting financial inclusion and mobility for a broader audience.

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.

Planet42 is a company focused on improving access to personal vehicles for individuals overlooked by traditional banks. By utilizing technology to assess risk, Planet42 purchases second-hand cars from a network of motor dealers and offers them to customers through a subscription service. This model allows customers to rent vehicles without needing to meet in person or view the car beforehand. The company analyzes essential validation documents, including identity proofs, payslips, and bank statements, to ensure a smooth transaction process. Through its rent-to-buy automotive services, Planet42 provides an affordable path to vehicle ownership, promoting financial inclusion and 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.

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.