OurLend

P2P Loan Platform

Fintech & Insurtech

Non Active, Jul 2023 ceased to operate

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 from one investor. OurLend ceased operations in July 2023.

Business overview

OurLend developed a person-to-person (P2P) loan platform that utilized an algorithm to generate credit ratings for loan applicants, determining optimal interest rates for both borrowers and lenders. The platform's loan approval process included financial history examinations and was supported by a security fund and legal oversight for repayment. OurLend targeted the non-bank loan, P2P, mortgage, and vehicle markets within the Fintech & Insurtech sector, specifically focusing on Lending & Financing.

Company Intelligence Q&A

What is OurLend's primary business activity?: OurLend operated a person-to-person (P2P) loan platform designed to connect borrowers and lenders, utilizing an algorithm to assess loan applicants and determine interest rates.
When was OurLend founded?: OurLend was founded in August 2017.
Who are the founders of OurLend?: OurLend was founded by Yuval Shalev and Yaron Mor.
What is the current status of OurLend?: OurLend ceased to operate in July 2023.
What markets did OurLend target?: OurLend targeted the non-bank loan, P2P, mortgage, and vehicle markets, primarily within Israel.

External links

OurLend — full profile (machine-readable)

OurLend is a person-to-person (P2P) loan platform based on an algorithm that generates a rating for the loan applicant. According to certain criteria, the algorithm automatically chooses the best interest rate for both sides. The loan approval process is backed by a company that conducts a financial history examination of the loan applicant. On the basis of the results, it decides whether to approve or reject the loan offer. There is also a security fund, and a law firm closely accompanies the loan repayments in order to reduce delays in repayment. The platform targets the non-bank loan, P2P, mortgage, and vehicle markets. OurLend was founded with the support of Pipelbiz, an equity crowdfunding platform aimed at matching small businesses with investors.

Facts
Name	OurLend
One-liner	P2P Loan Platform
Type	Startup
Primary sector	Fintech & Insurtech
Founded	2017
Employees	1-10
Employees (exact)	4
HQ / location	Tel Aviv-Yafo, HaHashmonaim Street 84, Tel Aviv-Yafo, Israel, Center District
Product stage	Released
LinkedIn	https://www.linkedin.com/company/11341793
Crunchbase	ourlend
IL Registrar	515703163

Facts

Name

OurLend

One-liner

P2P Loan Platform

Type

Startup

Primary sector

Fintech & Insurtech

Founded

2017

Employees

1-10

Employees (exact)

HQ / location

Tel Aviv-Yafo, HaHashmonaim Street 84, Tel Aviv-Yafo, Israel, Center District

Product stage

Released

https://www.linkedin.com/company/11341793

Crunchbase

ourlend

IL Registrar

515703163

Classification
Sectors	Fintech & Insurtech, Lending & Financing
Core technology	Data Storage, CDN, Platforms & Interfaces, Artificial Intelligence
Target customers	Enterprise & Professional Services, SMBs & SMEs, Consumers, Demographics & Family, Financial & Real Estate
Business models	B2B, B2C
Tags	mortgage, payments, web-platform, credit-scoring, algorithms, p2p, fintech, lending-and-financing

Classification

Sectors

Fintech & Insurtech, Lending & Financing

Core technology

Data Storage, CDN, Platforms & Interfaces, Artificial Intelligence

Target customers

Enterprise & Professional Services, SMBs & SMEs, Consumers, Demographics & Family, Financial & Real Estate

Business models

B2B, B2C

Date	Round	Amount	Investors
Nov 2017	Equity crowdfunding	$322K	PipelBiz (lead)
Jun 2019	Equity crowdfunding	$820K

Name	Role	Founder
Yuval Shalev	Co-founder (No longer with the company)	yes
Yaron Mor	Owner	yes

OurLend

Company Overview

Snapshot

Business overview

Company Intelligence Q&A

External links

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