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Lendit

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P2P lending marketplace offering credit loans with competitive rates.

Overview

Lendit operates as a peer-to-peer lending marketplace that facilitates direct financial transactions between individual borrowers and investors. The company utilizes algorithms and data analytics to assess borrower creditworthiness and connect them with investors who are looking for returns. The platform offers credit loans primarily targeted at employed individuals, with rates that are personalized through AI technology. Lendit aims to address the challenge of high-interest loans by offering competitive interest rates and flexible terms, which may assist borrowers in consolidating existing debts and potentially improving their credit scores. The platform includes an application process, loan disbursement, and adherence to legal regulations.

Key facts

Founded
2015
Headquarters
Seoul, South Korea

Business model

Contact

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About Lendit

What does Lendit do?

Lendit operates as a peer-to-peer lending marketplace that facilitates direct financial transactions between individual borrowers and investors.

Where is Lendit headquartered?

Lendit is headquartered in Seoul, South Korea.

When was Lendit founded?

Lendit was founded in 2015.

Which sector is Lendit in?

Lendit operates in Digital Lending, part of Financial Technology.

Who are Lendit's competitors?

Companies similar to Lendit include Dianrong, Faircent, and Prosper.