FinTech startup addressing underserved lending markets (AngelPad F11) LendFriend is a FinTech startup focused on undeserved lending markets. Our team has built 3 products: - Online p2p lending platform targeting friends and family. Grew to $3MM+ loans. - Multiple underwriting models utilizing proprietary data from traditional brick and mortar high-interest lenders. The identified customer profiles are targeted for larger loans with lower interest rates because their loan repayment is disproportional to their credit score. - Online platform that matches high-risk borrowers with an aggregated network of online lenders and places these loans on prepaid cards. Product's purpose is to bank the underbanked.
Member count: 1-10