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Lendermarket

Rank #21
Review
Short-Term Personal Loans
Resale Marketplace Lending
Explore Lendermarket
Funded Since June 2019
€158.58m
Minimum Investment
€10
Public Statistics Page
No
Auto Invest
Yes
Secondary Market
No
Ring Fence
No
Wind Down Plan
No
Regulated
No

What is Lendermarket?

Lendermarket is managed by Lendermarket Limited, headquatered in Ireland. Lendermarket is a Direct Marketplace Lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. It hasn't been licensed by a relevant supervisory authority.

Lendermarket gives you the chance to provide funding to individuals by investing in short-term personal loans. You can also apply for funding if you are an individual yourself.

What does Lendermarket offer?

At Lendermarket, you can make EUR-denominated investments starting from €10. You can also set up an auto-invest feature.

Lendermarket doesn’t separate investors’ funds from the platform company assets and doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It doesn’t disclose statistics about its funded loans but shares its monthly funding volumes with P2PMarketData.

Lendermarket Details

Legal Company Name
Lendermarket Limited
Business ID
585178
Main Currency
Euro (€)
Headquarters Location
Ireland
Established Date
June 2016
Launch Date
June 2019

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