September 23, 2021
LenDenClub, an Indian Peer-to-Peer(P2P) Lending company, today announced its induction into ‘Microsoft for Startups’, a global program dedicated to accelerating the growth trajectory of high-potential start-ups. The engagement will help LenDenClub leverage Microsoft’s technology and innovation to build a robust tech ecosystem and reduce NPAs to less than 1%. This comes at a time when […]
July 26, 2021
The new moneylenders are smart. They are millennials, not banks, armed not with complex rule books but gadgets – smartphones or computers – and like to play by rules, thanks to emerging online social lending and borrowing/peer-to-peer marketplaces like LenDenClub, SaveIN etc. Remember the greedy moneylender Sukhilala of Nargis-Sunil Dutt starrer Mother India? Well, the […]
July 19, 2021
Launched in 2014, Mumbai-based lending startup LenDenClub grew over the years on the back of strong execution and automation. It registered loan disbursements close to Rs 600 crore in FY21, registering a year-on-year growth of 1,000 percent. Suresh (name changed for anonymity) was in dire need of money to perform the last rites of […]
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Divya Talwar
brand@lendenclub.com
Disclaimer
Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Innofin Solutions Private Limited, and does not provide any assurance for repayment of the loans lent on it.
LenDenClub is an Intermediary under the provisions of the Information Technology Act, 1999 and virtually connect lenders and borrowers through electronic platforms of website and/or mobile app. The lending transaction is purely between lenders and borrowers at their own discretion and LenDenClub does not assure loan fulfillment and/or investment returns. Also, the information provided on the platform are verified or checked on the best efforts basis without guarantying any accuracy in the data/information verification. Any investment decision taken by the lender on the basis of this information is at discretion of the lender and LenDenClub does not guarantee that the loan amount will be recovered back from the borrower fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ investment.
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