Lending Loop Revenue and Competitors

Toronto, ON CAN

Location

N/A

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Lending Loop's estimated annual revenue is currently $520k per year.(i)
  • Lending Loop's estimated revenue per employee is $65,000

Employee Data

  • Lending Loop has 8 Employees.(i)
  • Lending Loop grew their employee count by -33% last year.

Lending Loop's People

NameTitleEmail/Phone
1
Head Capital MarketsReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$66.1M359-24%$2.3MN/A
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What Is Lending Loop?

Lending Loop is Canada's first peer-to-peer lending marketplace. Our core focus is providing businesses with accessible capital at fair interest rates through a simple online process. We do this by cutting out the costly intermediaries, such as banks, allowing Canadian businesses and lenders to prosper together. Lending Loop gives all Canadians access to simple and attractive returns by supporting the growth of local Canadian businesses. Find out more at https://www.lendingloop.ca

keywords:Peer-to-Peer, Finance Technology, Sme Banking, Marketplace Lender

N/A

Total Funding

8

Number of Employees

$520k

Revenue (est)

-33%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Lending Loop News

2022-04-20 - Guyana calls for a fairer money lending scheme to help SIDS ...

Loop is better in the app. Customize your news feed, save articles for later, view your reading history and more. Click the links below to...

2022-04-17 - How Lending Loop pivoted from peer-to-peer lending to a ...

Lending Loop's business took another hit when the federal government started doling out loans for small businesses through a variety of...

2022-03-30 - Upstart Holdings stock gets new Buy rating at Loop on AI lending strength

... generated by traditional banking system and other lending platforms," Loop said in a note to clients. Loop assigned a $140 price target,...

2018-05-02 - Ontario government launches $3 million pilot project with Lending Loop for small business loans

The Ontario government is providing P2P lender Lending Loop with $3 million to support loans to small businesses. The two-year pilot project will see the government providing 10 percent of each Lending Loop loan, meaning that over the duration of the project, it will help fund over $30 million ...

2017-08-04 - Lending Loop Raises $2M in Funding

Lending Loop, a Toronto, Canada-based peer-to-peer lending platform, raised $2m in funding. The round was led by the MaRS Investment Accelerator Fund with participation from a group of finance and technology investors. The company will use the funds to roll-out its new automated investing prod ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$0.5M8-33%N/A
#2
$0.6M8N/AN/A
#3
$0.8M8N/AN/A
#4
$0.6M8N/AN/A
#5
$1.1M8N/AN/A