OurLend

P2P Loan Platform

Fintech & Insurtech
Non Active, Jul 2023 ceased to operate
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Company Overview

Snapshot

Founded in August 2017 by Yuval Shalev and Yaron Mor, OurLend operated with 1–10 employees. The company raised $1.14M across two funding rounds, with PipelBiz participating as an investor. OurLend ceased operations in July 2023.

Business overview

OurLend is a person-to-person (P2P) loan platform that utilizes an algorithm to generate loan applicant ratings and determine optimal interest rates for both borrowers and lenders. The platform's loan approval process involves financial history examinations conducted by a backing company, with a security fund and legal oversight for loan repayments. OurLend targets the non-bank loan, P2P, mortgage, and vehicle markets, operating within the Fintech & Insurtech sector.

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Company Intelligence Q&A

What is OurLend's primary business activity?
OurLend operates a person-to-person (P2P) loan platform that uses an algorithm to rate loan applicants and determine interest rates, serving the non-bank loan, P2P, mortgage, and vehicle markets.
When was OurLend founded?
OurLend was founded in August 2017.
Who are the founders of OurLend?
OurLend was co-founded by Yuval Shalev and Yaron Mor.
What is the current status of OurLend?
OurLend is Non Active and ceased to operate in July 2023.
Which investor participated in OurLend's funding rounds?
PipelBiz participated as an investor in OurLend's funding rounds, including a round in November 2017.
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