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Lendonomy
Information by Research Trustfinance
Lendonomy was a Swedish fintech startup founded by students with the mission to solve the "credit catch-22" for young adults who lack the financial history to access traditional credit. The company developed a mobile application that enabled users to lend and borrow small, short-term loans within their trusted social circles. By formalizing these micro-loans, the platform aimed to help users build a verifiable credit profile for future financial needs. While the company's website remains online, public activity on its social media channels ceased in late 2021, and its founders have since moved on to other ventures, indicating that the service is no longer in active operation.
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