Lendit Stock

#1 online lending marketplace for unsecured personal loans in Korea

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About Lendit Stock

Lendit is the leading personal loan oriented marketplace lending company in Korea that operates fully online and manages a marketplace platform where investors can provide capital to people seeking loans. Through our advanced risk ranking algorithm and cost- effective operational process, borrowers can access to an appealing interest rate and investors can enjoy ‘high and stable’ yield. We offer borrowers an APR between 4.5% and 18.0%, and investors an average return of 10.66%. By transforming the traditional banking system, we aim to help both borrowers and investors to achieve financial goals.

Funding History

May 2015$1.5B
July 2016$5.8B
May 2017$10.0B
November 2018$7.0B
November 2019$4.0B
December 2021$50.4B

Management

Founder & CEO

Sungjoon Kim

Press

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