Lendoit

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.

Company Intelligence Q&A

What is Lendoit's primary business?

Lendoit operates a decentralized peer-to-peer (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.

Who are the founders of Lendoit?

Lendoit was co-founded by Yoav Pinkas, Vlad Amirov, Avi Ben David, and Ori Erez.

What significant partnership did Lendoit announce in December 2017?

In December 2017, Lendoit announced a partnership with RSK to create a decentralized Bitcoin lending future.

What was Lendoit's last disclosed funding event?

In October 2017, Lendoit secured funding from Migdal Insurance and Financial Holdings.