Lendoit
Decentralized Blockchain P2P Lending Platform
Company Overview
Snapshot
Founded in October 2017 by Yoav Pinkas, Vlad Amirov, Avi Ben David, and Ori Erez, Lendoit operates with 11–50 employees. The company has raised $600K across one funding round from Migdal Insurance and Financial Holdings. In October 2017, Lendoit secured funding from Migdal Insurance and Financial Holdings.
Business overview
Lendoit is a decentralized peer-to-peer (P2P) lending marketplace platform that leverages smart contracts and blockchain technology to connect borrowers and lenders. The platform provides professional scoring and verification APIs tailored for different countries, a loan marketplace where lenders can bid on interest rates for loan applications, and a default market for trading failed loans. Its Smart Loan Contract functionality supports syndicated loans and allows for the transfer of loans between lenders, operating within the Fintech & Insurtech sector.
Strategic signal
In December 2017, Lendoit announced a collaboration with RSK to create a decentralized Bitcoin lending future. This partnership signaled Lendoit's strategic intent to integrate with established blockchain protocols, aiming to enhance the security and efficiency of its P2P lending platform and expand its reach within the cryptocurrency lending ecosystem.
Log in to access full profile ›Company Intelligence Q&A
- What is Lendoit's primary business?
- Lendoit operates a decentralized P2P lending marketplace platform that connects borrowers and lenders using smart contracts and blockchain technology.
- When was Lendoit founded?
- Lendoit was founded in October 2017.
- Which investors participated in Lendoit's funding rounds?
- In October 2017, Lendoit secured funding from Migdal Insurance and Financial Holdings.
- What was a key strategic partnership for Lendoit?
- In December 2017, Lendoit partnered with RSK to develop a decentralized Bitcoin lending future, aiming to enhance its blockchain-based lending services.
- What is the current operational status of Lendoit?
- Lendoit is currently non-active and ceased to operate in December 2019.