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LENDEN CLUB
Lending platform LenDenClub posts Rs 34 crore FY25 profit; revenue rises to Rs 236 croreIn a statement, the company said the company has expanded its scope of operations over the last two years from core P2P lending to newer bu...02 Sep, 2025, 12.09 PM IST- P2P lending slows as RBI move clouds future of key playersThe peer-to-peer (P2P) lending sector has experienced a significant slowdown over the past year as the Reserve Bank of India (RBI) has tigh...24 Mar, 2025, 07.23 AM IST
- RBI cancels registration of UP-based Margdarshak Financial Services over payment defaultsThe Reserve Bank of India (RBI) has cancelled the registration of Margdarshak Financial Services Ltd due to high net NPAs and defaults on r...23 Aug, 2024, 08.05 PM IST
- AI, ML pivotal in streamlining lending process: LenDenClub cofounder Dipesh KarkiPut simply, P2P lending, or social-lending, leverages financial technology to allow people to lend or borrow money from one another without...12 Jan, 2024, 12.07 PM IST
- Early-stage VC Artha scores partial exit from Everest Fleet for $2 millionTalking to ET, Artha Venture Fund managing partner Anirudh Damani said the firm was targeting two more exits, partial and complete, in the ...04 Oct, 2023, 06.01 AM IST
- Nudged by RBI, P2P lenders look to diversify partnershipsThree people in the know told ET that while the banking regulator has not spelt out any statement on the fledgling sector explicitly, back ...30 Aug, 2023, 08.03 AM IST
- LenDenClub raises $10 million in funding roundThe series A round also saw participation from Kunal Shah (Cred founder), Alok Bansal (Policybazaar co-founder), Ramakant Sharma (Livspace ...07 Dec, 2021, 04.06 PM IST
- ‘Buy now, pay later’ loans help fuel India’s festive recoveryBuy-now, pay-later (BNPL) payments have been growing at least 20%-30% over the past three months. They are expected to increase by about 66...11 Oct, 2021, 05.12 PM IST
- Buy-Now, Pay-Later loans help fuel India’s festive recoveryPopularity is swelling for these small-sized loans that typically amount to less than Rs 5,000 ($67) as the labor market recovers from the ...11 Oct, 2021, 10.07 AM IST
- Peer-to-peer lending platform LenDenClub turns profitable; eyes Rs 1,200 cr disbursal this fiscalThe company crossed Rs 500 crore mark in loan disbursements in 2020-21 and turned "profitable" during the financial year06 May, 2021, 03.57 PM IST
- NBFC-P2P Association appoints Faircent’s Rajat Gandhi as its new PresidentThe regulatory authority has decided that in order to give the next push to the P2P lending platforms, the aggregate exposure of a lender t...19 Dec, 2019, 11.45 AM IST
- VentureCatalysts invests in P2P lending startup LenDenClubMumbai-based seed investment and innovation platform Venture Catalysts invested an undisclosed amount in peer to peer lending platform LenD...03 Oct, 2018, 03.36 PM IST
- LenDenClub gets RBI nod for NBFC-P2PLenDenClub, an online peer-to-peer lending marketplace for salaried borrowers gets RBI certificate.20 Jul, 2018, 08.58 AM IST
- P2P lending platform Lenden Club goes live with an android appThe product is mainly targeted at the millennial population in smaller cities of the country who might be employed but still find it diffic...13 Jun, 2018, 04.58 PM IST
- Faircent-Baxi: Auto loans lend a hand to P2P players for hassle-free lendingOther players also like LendenClub and i2iFunding aim to offer investment products like auto loans and invoice discounting options on their...08 Nov, 2016, 09.07 AM IST
- RBI may allow you to be a lenderThe RBI's move to regulate the peer-to-peer (P2P) lending business has evoked good response with most participants saying that it could pro...09 May, 2016, 10.44 AM IST
- Venture Catalysts invests in fintech startup LenDenClubThis investment in LenDenClub is in line with the vision of Venture Catalysts to promote innovation and tech-driven entrepreneurship in the...12 Apr, 2016, 03.36 PM IST
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