Locations
United States · San Francisco, CA, USA · Oakland, MD, USA · Oakland, FL, USA · Oakland, OR, USA · Oakland, CA, USA · Washington, DC, USA · Washington, DC, USA · Oakland, TN, USA · Oakland, NE, USA · Oakland, IA, USA · Oakland, IL, USA · Oakland, WA, USA · Oakland, MS, USA · Oakland, NE, USA
industry
Finance
Size
1 - 10 employees
Stage
Other
founded in
2018
Every year, 140 million Americans need a small loan for unforeseen expenses. The existing infrastructure that supports these borrowers currently operates with high costs and limited data. These costs are passed on to consumers in the form of higher interest and higher fees that average 400% APR. Lenme makes it easy to lend and borrow. We give borrowers the flexibility to request a loan on their own terms. We give lenders thousands of data points on each borrower so they can offer better rates. Better data, cheaper access to borrowers, and low-cost loan servicing equals lower rates.
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