Lendela operates a technology-driven personal loan comparison service that connects borrowers with banks and other lending institutions. The platform streamlines the loan application process by allowing users to receive and evaluate multiple loan offers in one place. Headquartered in Singapore, the company also maintains offices in Hong Kong, Sydney and Kuala Lumpur, underscoring its regional presence. Lendela intends to channel newly secured capital into further product development and to accelerate its expansion across the broader Asia-Pacific market. Although the company has not disclosed user or revenue figures, the repeat participation of its early investors signals continued confidence in its growth trajectory. By improving transparency and efficiency in consumer lending, Lendela positions itself as a key facilitator in the region’s personal finance ecosystem.

Total raised

$6M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2023