Lendable
Lendable provides asset-backed debt financing and structured credit facilities to fintechs and climate solutions companies across emerging and frontier markets, using its proprietary Maestro data platform for real-time risk and impact monitoring.
- Company typePrivate
- Founded2014
- HeadquartersNairobi, Kenya
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Lendable does
Lendable is a specialized debt financing platform founded in 2014 that provides asset-backed debt capital to fintechs and climate solutions companies across emerging and frontier markets. Headquartered in London with regional offices in Nairobi, Singapore, Buenos Aires, Johannesburg, San Francisco, and Amsterdam, Lendable originates loans and structured debt facilities through local teams targeting borrowers in Africa, Latin America, and Asia. The company's core technology is Maestro, a proprietary data platform that integrates directly with borrowers' internal systems to access granular loan-level data verified through mobile money payment gateways, banks, and other third parties. Maestro processes data from over 208 million loans across 36 billion data points and stores 638+ million transactions across 26 countries, enabling real-time underwriting, risk monitoring, collateral tracking, and impact measurement (IRIS+/SFDR-aligned). The platform powers all of Lendable's product offerings: balance sheet debt and SPV structures to fintech borrowers, blended finance and private debt funds (MSME Fintech Credit Fund I/II, Transportation and Energy Fund, Opportunities Fund), co-investment vehicles, and monitoring and verification services for sustainability-linked debt facilities. Lendable's revenue model combines interest income on deployed debt, fund management fees on approximately $1B in assets under advisement, and advisory/verification fees. Notable borrowers include Watu ($asset finance, Kenya), Amartha (microfinance, Indonesia), PayJoy (smartphone financing, Mexico), M-KOPA ($202M sustainability-linked facility), Mottu ($30M motorcycle rentals, Brazil), and ennoo Rental (€40M, Germany). Through the Zable brand, Lendable also launched Zable Mobile in October 2025, a £20/month unlimited 5G telecom service available to its 2 million existing app customers, representing a strategic expansion into consumer fintech. The company is FCA-regulated (Dynolabs Asset Management Ltd), profitable, and backed by IFC and other development finance institutions.
Lendable firmographics
Firmographics- Name
- Lendable
- Legal name
- Lendable Inc
- Website
- https://lendable.io
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Lendable provides asset-backed debt financing and structured credit facilities to fintechs and climate solutions companies across emerging and frontier markets, using its proprietary Maestro data platform for real-time risk and impact monitoring.
- Ownership category
- akta.pro rank
Lendable industry classification
Industry- Product category
- Emerging Markets Private Debt Financing
- NAICS
- Other Nondepository Credit Intermediation (52229), Activities Related to Credit Intermediation (5223)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC)
- akta.pro secondary industry
- Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD)
Keywords
Where Lendable is headquartered
LocationHeadquarters
- HQ city
- Nairobi
- HQ country
- Kenya
- HQ region
- Africa
Offices7 records
Markets served
Lendable business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income from Debt Financing: Lendable provides debt financing to fintechs in emerging and frontier markets, earning interest income on loans extended. They provide balance sheet debt and structured debt facilities to qualifying companies.
- Fund Management Fees: Lendable manages blended finance funds and private debt vehicles for institutional investors, earning management fees. They manage open-ended and closed-ended fund structures including Lendable MSME Fintech Credit Fund I and II, Lendable Transportation and Energy Fund, and Lendable Opportunities Fund.
- Monitoring and Verification Services: Lendable provides monitoring and verification services for sustainability-linked debt facilities, using Maestro to verify collateral borrowing base and sustainability milestones, earning fees for these services.
- Zable Mobile Subscription: Lendable launched Zable Mobile, a £20/month unlimited 5G data plan, representing expansion into consumer telecommunications services through the Zable app with 2 million existing customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Zable Mobile plan at £20 per month |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Lendable product offering
Product offeringCore offering
Lendable provides asset-backed debt financing to fintechs operating in emerging and frontier markets across Africa, Latin America, and Asia, alongside managed private debt and blended finance investment vehicles for institutional investors. The company also operates Zable Mobile, a consumer fintech mobile plan, expanding into consumer telecom services.
Product overview
Lendable is a leading provider of asset-backed debt financing for emerging and frontier markets, founded in 2014. The company operates a platform model centered on Maestro, its proprietary technology platform for risk assessment, credit analysis, and impact monitoring that enables real-time, verifiable understanding of borrower portfolios and loan performance. Lendable offers multiple fund structures for investors including the semi-liquid private debt LMFCF I, blended finance funds (LMFCF II, LOF, LTEF), and a co-investment platform, all powered by Maestro's data integration, verification, and analytics capabilities. In October 2025, Lendable expanded into consumer fintech with Zable Mobile, a mobile plan offering that represents the first fintech mobile service in Britain, positioning Zable as a consumer finance superapp. The company also provides advisory services for impact measurement and climate/SDG monitoring.
Differentiator
Problem solved
Functional benefit
Products and services
- Lendable MSME Fintech Credit Fund I (LMFCF I) Open-ended private debt fund providing diversified exposure to fintech companies empowering the MSME ecosystem across Africa, Asia, and Latin America, with quarterly liquidity, designed for institutional investors.
- Lendable MSME Fintech Credit Fund II (LMFCF II) Blended finance vehicle focused on lending to fintechs empowering the MSME ecosystem in emerging and frontier markets.
- Lendable Opportunities Fund (LOF) Closed-ended blended finance fund investing in fintech companies in emerging and frontier markets with significant impact and commercial capital catalytic goals.
- Lendable Transportation and Energy Fund (LTEF) Blended finance vehicle focused on supporting sustainable businesses in emerging markets, particularly in transportation and energy sectors including productive-use solar systems.
- Co-investment Platform Proprietary platform enabling institutional investors to access fast-growing fintech and sustainability-linked transactions, supported by Maestro technology for data verification and ongoing monitoring.
- Zable Mobile Consumer fintech superapp offering unlimited 5G mobile data at £20/month, combining borrowing products and telecom services. Powered by Gigs technology and operating on Vodafone's 5G network with 10GB roaming across 38 European destinations.
- Advisory Services Range of advisory services including in-country collateral monitoring and verification, impact auditing and assessment, climate and SDG monitoring, market mapping and policy advisory, and investment impact outcomes.
Quantifiable outcome
- Over $600m disbursed to emerging market fintechs as of April 2025
- +3 more outcomes
Companies that use Lendable
Customer profileNamed customers12 records
Segments7 records
Ideal customer profiles3 records
Lendable technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability5 records
Feature7 records
Lendable partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- TBFLminorTBFL acted as exclusive advisor to all parties on the €40 million debt facility to ennoo Rental, Lendable's first investment in Europe.
- DelphosminorDelphos served as the exclusive financial advisor for the $20 million USD debt financing for LendMN, marking the first major foreign investment in a Mongolian fintech.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
Lendable competitors and assessment
Company assessmentDirect peers
- Verdant Capital: Pan-African private debt and venture debt fund manager providing structured debt to fintechs and SMEs across Africa. Direct competitor explicitly identified alongside Lendable as a key specialised credit fund active in African fintech debt.
- Symbiotics: Swiss-based impact-focused investment platform operating a marketplace for loans issued by emerging-market financial institutions. Comparable to Lendable in providing debt capital to underbanked fintech and MSME lenders, with overlapping DFI investor base.
- LeapFrog Investments: Profit-with-purpose investor focused on financial services and healthcare in emerging markets. Provides growth equity and debt to fintechs in Africa and Asia, with comparable impact orientation and DFI LP base.
- Novastar Ventures: East Africa-focused venture capital firm backing financial services and consumer-facing businesses. Provides both equity and debt to emerging-market fintechs that overlap with Lendable's borrower universe.
Broad incumbents
- British International Investment (BII): UK development finance institution directly lending to African and South Asian fintechs. Competes with Lendable as both a direct lender and as an LP/partner in blended finance vehicles that finance the same borrowers.
- International Finance Corporation (IFC): World Bank Group's private-sector arm and the anchor investor in Lendable's funds. IFC both supplies capital to Lendable's vehicles and originates its own fintech debt in emerging markets, making it both a partner and structural competitor.
- Acumen Capital Partners: Impact investment organisation backing early-stage companies serving low-income customers. Comparable thesis on using capital to scale inclusive businesses in frontier markets, with some debt/structured-finance overlap.
- TruFin (TruFin plc): UK-listed fintech holding company with niche lending and payments businesses. Provides debt capital to fintech lenders, comparable to Lendable's B2B debt-financing model though serving different geographies.
Emerging players
- Cauris Finance: African debt crowdfunding platform enabling institutional and retail investors to fund African SMEs. Adjacent business model — debt intermediation to emerging-market borrowers — though smaller scale and more retail-anchored than Lendable.
Others
- BlueEarth Capital: Switzerland-based impact investment manager mobilising capital into emerging markets including climate finance. Connected ecosystem participant — shares DFI LPs and Daniel Ekpe of Lendable previously led BlueEarth Capital — providing thematic adjacency in blended finance for emerging markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Lendable social profiles
Digital presenceLendable compliance and trust
Trust signalCompliance4 records
Lendable financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lendable leadership team
Management profileNumber of profiles
Profiles16 records
Lendable subsidiaries and ownership
Company hierarchySubsidiaries5 records
Lendable funding detail
Funding detailFunding overview
Funding rounds5 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lendable M&A and investment
M&A and investmentM&A
Investments38 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lendable
What does Lendable do?
Lendable provides asset-backed debt financing to fintechs operating in emerging and frontier markets across Africa, Latin America, and Asia, alongside managed private debt and blended finance investment vehicles for institutional investors. The company also operates Zable Mobile, a consumer fintech mobile plan, expanding into consumer telecom services.
Is Lendable a public or private company?
Lendable is a private company. It is classified as venture growth investor backed and is currently operating.
When was Lendable founded?
Lendable was founded in 2014. It employs 11 to 50 people.
Where is Lendable based?
Lendable is headquartered in Nairobi, Kenya, in the Africa region.
How does Lendable make money?
Four revenue lines are on record. Interest Income from Debt Financing is the primary driver. The others are fund Management Fees, monitoring and Verification Services and zable Mobile Subscription.
Who are Lendable's main competitors?
Direct peers on record are Verdant Capital, Symbiotics, LeapFrog Investments and Novastar Ventures. Broad incumbents are British International Investment (BII), International Finance Corporation (IFC), Acumen Capital Partners and TruFin (TruFin plc). Cauris Finance is listed as an emerging player. BlueEarth Capital is listed as an others.
Does Lendable have an API?
No public API is recorded for Lendable.
What industry is Lendable in?
Lendable's product category is Emerging Markets Private Debt Financing. Its primary akta.pro industry code is FSAGAHAC, Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking), with a secondary code of FSAGALAD, Embedded Lending & Credit (POS, Working Capital, Credit Lines). Its NAICS code is 52229 and its SIC code is 6159.