Lendable

Date: 2022

Asset Class: Private Debt

Description:  Lendable provides senior-secured debt facilities to early- to mid-stage fintech companies across frontier and emerging markets.

Why We Invest: Across emerging markets, micro-small and medium enterprises (MSMEs) and base-of-the-pyramid populations face exclusion from financial services that they need to grow and prosper, largely due to an inability to access credit. Lendable’s impact thesis is founded upon a commitment to expanding financial inclusion for these organizations and individuals, by enabling MSMEs to expand with non-dilutive capital and individuals to purchase assets like mobile phones, solar panels, and motorcycles on credit. ​​As a fintech lender, Lendable is well-positioned to reach the most underserved and vulnerable populations, including off-grid, rural, and female customers.