JetLend
JetLend is a Russian P2B crowdlending platform, listed on SPB Exchange (ticker JETL), connecting retail investors with small and medium businesses via ML-scored revolving credit lines up to 150 million rubles without collateral.
- Company typePublic
- Founded2018
- HeadquartersMoscow, Russia
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What JetLend does
JetLend (legal entity: OOO «DzhetLend», public parent: PAO «DzhetLend Holding», SPB Exchange ticker JETL) operates Russia's leading peer-to-business crowdlending platform, founded in 2018 and headquartered in Moscow/Dubna. The platform connects 21,360 active retail investors with 4,179 financed small and medium businesses, originating revolving credit lines of 3–150 million rubles at interest rates starting from 16.75% without collateral. Cumulative origination through the platform reached 36.4 billion rubles, with an average fund-collection time of 7 hours, 7.1 billion rubles of investor capital currently deployed, and 99% of applications fully funded within deadline.
The core technology stack is a proprietary machine-learning risk engine built on XGBoost and CatBoost that analyzes 300+ borrower parameters from Russian regulatory databases (EGRUL/EGRIP, FNS, CBR), financial statements, and platform behavioral data, retrained quarterly on observed defaults. Loan agreements are structured as revolving credit lines, allowing unlimited tranches within an approved limit, with auto-investing strategies (conservative/balanced/aggressive/flagship) and secondary-market auto market-making for investor liquidity. The platform is accessible via web, iOS/Android mobile apps (built on React Native), and partner APIs.
JetLend monetizes through borrower commissions starting from 1% per issued tranche (varying by credit rating and platform tenure), interest-rate spread between borrower rates and investor yields, and partner referral fees (up to 30% of platform commission). The company is regulated by the Central Bank of Russia as an investment platform operator (License No. 18), is a Skolkovo resident, and completed Russia's largest crowd-lending IPO on SPB Exchange in March 2025, reaching operating profit (excluding one-time expenses) in December 2025.
JetLend firmographics
Firmographics- Name
- JetLend
- Legal name
- Obshchestvo s ogranichennoy otvetstvennostyu "DzhetLend" (ООО "ДжетЛенд")
- Website
- https://jetlend.ru
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- JetLend is a Russian P2B crowdlending platform, listed on SPB Exchange (ticker JETL), connecting retail investors with small and medium businesses via ML-scored revolving credit lines up to 150 million rubles without collateral.
- Ownership category
- akta.pro rank
JetLend industry classification
Industry- Product category
- Crowdlending Platform
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- P2P Small Business / SME Marketplace Lending (FSAKAHAC)
- akta.pro secondary industry
- P2P Credit Lines / Revolving Marketplace Lending (FSAKAHAK)
Keywords
Where JetLend is headquartered
LocationHeadquarters
- HQ city
- Moscow
- HQ country
- Russia
- HQ region
- Europe
Offices1 record
Markets served
JetLend business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform Commission on Borrower Loans: Commission charged to borrowers upon issuance of each loan tranche. Rate starts from 1% of the issued amount and varies based on borrower rating and platform tenure.
- Interest Rate Spread: Difference between interest rate charged to borrowers (from 16.75%) and returns paid to investors, generating platform margin.
- Partner Referral Program: Partners receive referral commissions for bringing borrowers and investors to the platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Borrower Financing - Revolving Credit Line |
| Outcome Based/ Performance | Pay-as-you-go | Late Payment Penalties |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
JetLend product offering
Product offeringCore offering
JetLend operates a peer-to-business (P2B) crowdlending platform that matches individual investors with Russian small and medium-sized businesses needing working-capital and growth financing. Borrowers access revolving credit lines from 3 to 150 million rubles at rates from 16.75% annually without collateral, with a 3-minute AI preliminary decision; investors fund tranches and earn fixed-income returns above bank deposits via automated portfolio strategies and a liquid secondary market.
Differentiator
Problem solved
Functional benefit
Brands
- Возобновляемая линия займов (Revolving Loan Line): The primary financial product — a revolving credit line allowing borrowers to receive multiple tranches within an approved limit without re-approval.
- Автоинвестирование (Auto-Investment)
- Краудвенчур (Crowd Venture)
Products and services
- P2B Crowdlending Platform Core platform enabling individual investors to lend directly to vetted Russian SMB borrowers via the JetLend marketplace. Facilitates loan agreements, automated underwriting, tranche funding, and ongoing servicing.
- Revolving Credit Line (Возобновляемая линия займов) Primary borrower product: an approved credit limit from 3 to 150 million rubles with term of 1–36 months, allowing borrowers to draw multiple tranches within the limit at any time without re-approval. The limit restores as loans are repaid and grows with disciplined repayment.
- Secured Loans (Залоговое финансирование) Collateral-backed lending product providing additional protection for investors by securing loans against borrower collateral. Extends the platform's offerings beyond the uncollateralized revolving credit line.
- Auto-Investing Module (Автоинвестирование) Python-based algorithmic portfolio management for investors offering conservative, balanced, aggressive, and flagship strategies with target yields up to 28% annually. Automatically allocates capital across loan tranches to balance risk and diversification.
- Secondary Market and Market-Making (Вторичный рынок / Маркет-мейкинг) Marketplace for buying and selling existing loans on the platform, supported by auto-market-making algorithms that automatically provide bid/ask quotes for improved investor liquidity.
- JetLend Mobile App Native mobile application built on React Native (Expo) delivering full platform functionality for investors and borrowers on the go. Available on iOS App Store, Google Play, Huawei AppGallery, and RuStore.
Quantifiable outcome
- 87% of investors earned yields above bank deposits over the past 2 years (as of 2020)
- +2 more outcomes
Companies that use JetLend
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
JetLend technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability6 records
Feature6 records
JetLend partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Debt Collection AgenciesminorThird-party agencies engaged for debt collection activities and monitoring borrower creditworthiness in case of overdue loans.
- 1CcoreIntegration with 1C accounting software for automated NDFL calculations and payment management for investors. Supports 1C (.txt) bank statement format for borrower verification.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
JetLend competitors and assessment
Company assessmentDirect peers
- Upstart: AI-driven lending platform using ML underwriting to price consumer and SMB credit; directly comparable to JetLend's ML-based RBP scoring model and algorithm-driven origination.
- OnDeck: Online SMB term loan and revolving credit provider; comparable to JetLend's revolving credit line product for small businesses and digital-first underwriting approach.
- Younited Credit: European P2P consumer and SMB credit marketplace; comparable marketplace structure, investor yield proposition, and cross-sell into adjacent credit products.
- Funding Circle: UK/US-listed marketplace lending platform connecting investors with SMB borrowers; closely comparable to JetLend's P2B model, investor side economics, and SMB underwriting focus.
- LendingClub: US P2P lending marketplace connecting investors with consumer and SMB borrowers; comparable in marketplace fee model, investor yield, and credit-driven risk scoring.
- Funding Societies: Southeast Asia's largest SME digital financing platform with marketplace lending structure; comparable SMB marketplace mechanics, risk-based pricing, and investor-side yield product.
- Potok (Поток): Russian online SMB lending platform (originally Alfa-Bank's P2B initiative) operating in the same regulatory and competitive environment as JetLend with comparable borrower segment.
- Lemon.online: Russian online SMB lending service offering fast digital credit to small businesses; competes with JetLend for the same Russian SMB borrower pool under similar credit criteria.
Broad incumbents
- LendingTree: US online loan broker/marketplace that aggregates multiple lenders for consumers and SMBs; broader incumbent with overlapping marketplace lending economics though primarily a lead-gen/aggregator model.
- Sberbank (ПАО Сбербанк): Russia's dominant state-affiliated bank and SMB lender; competes with JetLend across the Russian SMB credit market and is where JetLend's CEO previously worked before founding the company.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
JetLend social profiles
Digital presenceJetLend compliance and trust
Trust signalCompliance4 records
JetLend financial estimates
Financial estimateRevenue estimate
Valuation estimate
JetLend leadership team
Management profileNumber of profiles
Profiles6 records
JetLend funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
JetLend M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about JetLend
What does JetLend do?
JetLend operates a peer-to-business (P2B) crowdlending platform that matches individual investors with Russian small and medium-sized businesses needing working-capital and growth financing. Borrowers access revolving credit lines from 3 to 150 million rubles at rates from 16.75% annually without collateral, with a 3-minute AI preliminary decision; investors fund tranches and earn fixed-income returns above bank deposits via automated portfolio strategies and a liquid secondary market.
Is JetLend a public or private company?
JetLend is a public company. It is classified as public and is currently operating.
When was JetLend founded?
JetLend was founded in 2018. It employs 11 to 50 people.
Where is JetLend based?
JetLend is headquartered in Moscow, Russia, in the Europe region.
How does JetLend make money?
Three revenue lines are on record. Platform Commission on Borrower Loans are the primary driver. The others are interest Rate Spread and partner Referral Program.
Who are JetLend's main competitors?
Direct peers on record are Upstart, OnDeck, Younited Credit, Funding Circle, LendingClub, Funding Societies, Potok (Поток) and Lemon.online. Broad incumbents are LendingTree and Sberbank (ПАО Сбербанк).
Does JetLend have an API?
Yes. Flexible API gateways (REST, WebSocket) for seamless integration with banks and payment systems. Partners can integrate loan application forms directly into their work systems for automatic submission. The platform provides an auto-investing module with Python-based algorithms for risk balancing and diversification. Available for partners and third-party integrators. Developer documentation is at jetlend.ru/partneram.
What industry is JetLend in?
JetLend's product category is Crowdlending Platform. Its primary akta.pro industry code is FSAKAHAC, P2P Small Business / SME Marketplace Lending, with a secondary code of FSAKAHAK, P2P Credit Lines / Revolving Marketplace Lending. Its NAICS code is 522 and its SIC code is 6163.