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The Venture Codex

Lendable

The Promenade, 3rd Floor General Mathenge Drive c/o Nairobi Garage, Nairobi, Kenya

Overview

Lendable provides debt financing to fintechs in emerging and frontier markets. They are passionate about making impact investing a competitive asset class. They build technology and financial products to bring finance to one hundred million borrowers that deserve it.

Total investments
18
Lead investments
9
Investments · 12mo
3
Active investors
4

Sector focus

  • Finance
  • Financial Services
  • FinTech
  • Impact Investing
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Investment portfolio

  • Prestamype

    Participated · Debt Financing · Mar 2026

    Founded in 2017, Prestamype offers digital credit and factoring services to Peruvian mipymes and operates a digital exchange, Cambio Seguro. Since launch it has disbursed more than US$650 million to finance SMEs; in 2025 it reported US$319 million in factoring disbursements (a 163% increase year-over-year) and reached breakeven two years prior. Cambio Seguro executed over 67,000 operations with US$700 million transacted in 2025. The company states that mortgage-backed loans and factoring generate over 90% of the holding’s revenues and projects ambitious growth for 2026 (US$85 million in loan disbursements and US$632 million in factoring operations). To support growth, Prestamype is creating a SAFI, pursuing additional institutional debt lines, evaluating new products (unsecured loans and leasing), expanding its physical presence in Peruvian cities, and targeting international expansion to Colombia and Mexico; it is also planning a US$10–15 million Series A.

  • Metafin

    Led · Debt Financing · Mar 2026

    Metafin operates a solar financing model paired with a distribution and servicing arm and a network of over 1,000 local installers to deploy and maintain systems. The company targets rural MSMEs and households, financing productive-use solar systems and enabling transitions from diesel-based power. Metafin reports having financed over 6,500 solar projects across more than 4,000 villages in five states, helping offset over 30 million kilograms of CO₂ and displace around 11 million litres of diesel. It partners with financial institutions such as SBI, Northern Arc, and AU Small Finance Bank and is backed by investors including Vertex Ventures SEAI, Prime Venture Partners, and Varanium Capital. With the new $10 million structured debt facility from Lendable’s Transportation and Energy Fund, Metafin intends to expand its financing reach into underserved regions. The company was founded by Sandeep Chopra and Aditya Shah.

  • Mattilda

    Led · Debt Financing · Sep 2025

    Mattilda offers a software-as-a-service platform that digitalizes tuition collection, reduces payment delinquency and unlocks working capital for private schools through factoring of future cash flows. The company positions itself as a bridge between education and sophisticated financial services, helping schools stabilize cash flow so they can focus on delivering quality education. Its solution is currently used by roughly 240,000 users in Mexico, Colombia and Ecuador. Management plans to broaden the product suite, speed growth in existing markets and pursue strategic acquisitions. These initiatives are being fueled by a recently secured $50 million credit line and a prior $10 million equity infusion. By combining technology, data and a social-impact orientation, Mattilda aims to become the region’s leading financial partner for the education sector.

  • Lhoopa

    Participated · Debt Financing · Jul 2024

    Lhoopa operates a technology platform that uses machine learning and AI to analyze listings, identify undervalued properties, and digitize bureaucratic workflows for brokers, contractors and other stakeholders. The company partners with local brokers and contractor groups rather than selling directly to end customers, providing dedicated apps for brokers and contractors to coordinate listings, work progress and payments. Lhoopa monitors around 9,000 areas across the Philippines and has sold over 2,500 affordable houses in more than 58 cities. The firm employs 95 people and works with roughly 5,000 agents and 100 contractor groups. Lhoopa plans to expand its customer base to include people without full-time employment (eg, gig workers) and aims to enter at least one other Southeast Asian country within the next 18 months. Management says the company is already profitable and will use new capital to grow real estate acquisition and construction operations.

  • Haz

    Participated · Seed · May 2024

    Haz is a London-based startup offering an AI social commerce app that creates live feeds of users' old and new purchases. The app uses AI technology to scan digital receipts in users' email inboxes to surface purchase history. Launched in late March 2024, Haz is available for free on iOS and currently has thousands of users. The company plans to use its new funding to further develop and train proprietary AI models, including remote authentication technology. Haz also intends to expand its team of engineers and creators to accelerate product development and user growth. The company was co-founded by Ronan Harvey-Kelly and Glenn Keller and recently raised capital to support these plans.

Team