Lendflow

Lendflow works with leading companies in construction, transportation, e-commerce and residential services to help them quickly and launch credit services. The platform provides API offerings and data solutions that include KYB verification and creditworthiness testing, allowing customers to create comprehensive credit programs directly on used credit platforms. Lendflow also offers convenient code tools to minimize operational complexity, development resources, and time-to-market. Customers can collaborate on the white label model, allowing vertical platforms to SaaS maintain control over the brand.

History

2021: Attracting Investment

In mid-October 2021, Lendflow announced the attraction of investments as part of the Series A funding round. The round was headed by the Underscore VC fund, Uncorrelated Ventures, Y Combinator, 2048 Ventures, Knoll Ventures, Hack VC and Navitas Capital and the 2Ventf fund founded by Russians IB. The total volume of attracted investments since the founding of Lendflow in 2019 exceeded $13 million.

I2BF Global Ventures fund founded by Russians invests in Lendflow small and medium business lending platform

The funds raised will allow Lendflow to expand its range of products through improved customer service and efficient data solutions, which will allow it to serve a wider group of customers in the United States and abroad.

The idea of ​ ​ situational loans is not new; lending services in the market have existed for some time, but historically it took a huge amount of effort and time for a product or service provider to become a lender, "said Lendflow CEO John Fry. - We have created a platform where software companies can quickly launch financial products adapted to their audience. This helps to increase user engagement, increase revenue per user, and reduce customer outflows.[1]

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