Lendahand is a world-leading for-profit crowdfunding platform for impact investing.
- Rotterdam, Netherlands
Categories: Finance & Payments Digital Mixed B2B/B2C
- Social Media
- Company number
- Incorporation date
- 7 Apr 2012
- Investment sought:
- Equity offered:
for 5.71% equity
Lendahand is a for-profit company that is on a mission to eradicate poverty all over the world using crowdfunding. We give investors in Europe the chance to invest in people and businesses in emerging markets that don’t have access to the capital they desperately need.
By providing debt financing to SMEs and financial institutions that have strong track records and proven business models, we’re able to help their businesses succeed and grow. As a result, they’re able to create new jobs and improve their local economies.
These companies and institutions then repay our crowd with interest rates ranging from 3-7%. It’s a win-win for both parties in the truest sense. We’re helping fix the broken financial system in developing countries by providing a sustainable investment platform that our crowd of investors love.
Lendahand charges a "success fee" to the company raising funds for every successfully funded project on our platforms. There are no charges to investors.
The success fee depends on the risk level and maturity of the project. The higher the risk and the longer the maturity of the loan, the higher the success fee, up to a certain maximum amount in order to avoid negative incentives.
The average upfront fee is currently approximately 3.2% for Lendahand projects, and 5.5% for projects on Energise Africa.
In 2019 Lendahand successfully raised and invested EUR 19.3m in their clients, while EUR 7.5m came via Energise Africa.
Our revenues are a function of the total volumes in projects successfully funded on the platform (Q) and the success fees charged per project (P).
Besides fee income, Lendahand's platforms, including Energise Africa and PlusPlus, have received over EUR 3m in grants and subsidies, due to the alignment of key global initiatives with our mission. We expect to continue to make use of these type of funds.