Lendismart

lendismart.com ↗ ·Sevilla ·Seed

Lendismart is a Spanish fintech operating a point-of-sale multilender platform that connects merchants in real time with a network of lenders so their customers can finance purchases 100% digitally. Founded in 2016 in Seville by two ex-Deloitte corporate finance consultants, it works with 2,000+ merchant and lender partners and has surpassed €1 billion in financing brokered, operating in Spain, Portugal, Italy, France and the UK with a team of 50+. It raised a small seed round in 2018 led by Faraday Venture Partners, reached profitability soon after and has grown organically since without further equity rounds.

Founded
2016
Founders
2
Total funds raised
€350K
Rounds
1
Investors
4
Last round
Feb 2018
SectorsFintech, Lending, Point-of-sale financing, Payments, SaaS Start-up MapFintech › Payments & merchant checkout

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Founders

Manuel Palao Dolado
Co-Founder & COO
Ricardo Catalán Montero
Co-Founder & CEO

Global models 5

GreenSky
United States · www.greensky.com ↗
Point-of-sale financing platform that lets merchants offer instant, fully digital consumer loans funded by partner banks; it makes money on merchant and bank fees, not balance-sheet lending.
~$300MComparable
ChargeAfter
United States · chargeafter.com ↗
Point-of-sale multi-lender platform that matches each retailer's shopper with a network of lenders in real time; this is Lendismart's model almost exactly.
~$80MComparable
Even Financial
United States · www.evenfinancial.com ↗
API marketplace that routes consumers from partner channels to a network of lenders and earns referral fees for each loan funded, before MoneyLion acquired it.
~$80MComparable
Divido
United Kingdom · www.divido.com ↗
White-label point-of-sale financing platform that connects merchants with several lenders so shoppers can apply digitally at checkout, across the UK and Europe.
~$60MComparable
Hearth
United States · www.gethearth.com ↗
Multi-lender financing marketplace that home-improvement contractors use to offer customers instant loan offers from partner lenders at the point of sale.
~$40MComparable

In the same niche 25 others

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Notes: Most funded first

Investors 4

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Funding rounds 1

DateRoundAmountLead

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