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Submission declined on 21 August 2026 by Theroadislong (talk). This draft appears to contain text generated by a large language model (such as ChatGPT). You cannot use LLMs to generate article content.
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This draft appears to contain text generated by a large language model (such as ChatGPT). You cannot use LLMs to generate article content.
Declined by Sulfurboy 3 days ago.LLM-generated pages with certain obvious signs of being machine generated may be deleted without notice. Instead, only summarize in your own words a range of independent, reliable, published sources that discuss the subject. See the advice page on large language models for more information. |
| Type | Financial Technology |
|---|---|
| Founder | Nima Karimi |
| Headquarters | Singapore |
Area served | |
| Website | lendela.com |
Lendela is a Singapore-based financial technology company that matches borrowers to partnered banks and licensed money lenders with personal, business and mortgage loans.[1] Established in 2018, the company has since entered Hong Kong in 2019 and currently operates between the two markets.[2]
Founded in 2018 by Nima Karimi, who had previously worked at Swedish fintechs Lendo and Zmarta,[3] Lendela was later joined by Axel Frändén, initially coming on as Chief Marketing Officer and now serving as Deputy Chief Executive Officer.
In November 2023, Lendela secured an oversubscribed US$5 million Series A funding round led by Chocolate Ventures, featuring investors from Cocoon Capital, Phillip Private Equity and Genting Ventures, directly supporting the company's expansion plans on equitable loan options across Asia-Pacific.[4][5]
A nationwide campaign was launched in 2024 and was built around a television commercial titled "No More Bullshit, Just Straight Answers".[6]
2025 then marked an important milestone in the Hong Kong market, as Lendela entered a partnership with major credit bureau TransUnion to offer free credit checks on its Hong Kong platform,[7] while also launching a mobile app on the Apple App Store and Google Play Store that same year.[1]
Beyond announcements, Lendela has been cited in an independent consumer borrowing trend article by Channel News Asia, covering rising "buy now, pay later" usage and household debt for younger Singaporeans in 2024 and 2025,[8] while the Singapore Business Review referenced the company on short-term financing amid tariff pressures in 2025.[9]
Category:Financial services companies of Singapore Category:Financial services companies established in 2018 Category:2018 establishments in Singapore Category:Financial technology companies
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