Entreprenuernewsnetwork

Under its incubator program, LenDenClub will invest in six fintech startups

LenDenClub Aplha, the corporate venture capital arm of the peer-to-peer (P2P) lending platform, has welcomed six fintech startups to its Bharat FinTech Program startup incubator. Only six firms were chosen out of more than 150 applicants; these are Finswealth, FlashPay, P2P Bazaar, FinPlay, Upmarket India, and Filit. After the incubation programme is through, the chosen … Read more

LenDenClub named Nirmal K. Rewaria as CBO – Investments

LenDenClub, India’s peer-to-peer lending network, is assembling a powerful leadership team as it prepares for its next development phase. To that end, the RBI-registered NBFC-P2P has named Nirmal K. Rewaria as its Chief Business Officer – Investments. Nirmal has over two decades of market-tested experience pushing organisational goals in diverse business functions such as business … Read more

P2P Platform Lendenclub Appoints Mudit Agarwal As Chief Business Officer

LenDenClub, India’s largest Peer-to-Peer Lending platform, with its vision to drive financial inclusion, is building a formidable leadership team as it prepares for its next growth phase, chasing an ambitious goal of $1 billion in loan disbursals. To this effect, the RBI registered NBFC-P2P has made a key leadership appointment and hired CA Mudit Agarwal … Read more

LenDenClub raises $10M in Series A round

LenDenClub, a peer-to-peer (P2P) lending network, has raised $10 million in Series A funding. Founded in 2014 by Bhavin Patel and Dipesh Karki, the Mumbai-based platform now claims to have over 2.5 million borrowers and one million investors/lenders across India, with loan disbursements totaling over Rs 2,000 crore, with Rs 1,200 crore in the first … Read more