Company Information

Get to know Lendify

Founded in 2014, Lendify AB established itself as a leading peer-to-peer (P2P) lending platform in Sweden. The company's mission was to provide a digital marketplace for consumer loans, offering potentially better interest rates for borrowers and solid returns for investors compared to traditional banking institutions. The platform automated the process of lending and borrowing, managing credit assessments, payments, and collections. In May 2021, Lendify was acquired by the Nordic digital bank Lunar. Since the acquisition, Lendify's services and brand have been fully integrated into Lunar's product offerings in Sweden.

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Lendify

Sweden

Founded in

09 Apr 2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.