At Flender, our mission is to revolutionise the way people lend, borrow and build loyalty and trust. No longer should Peer-to-Peer finance be an anonymous and soul-less transaction based purely on getting the highest interest rate from people wanting to borrow money.
Since soft launch in April 2017 we have closed €320,000 in loans, generating approx. 6% in earnings. We expect our revenue to average €150k per quarter for the rest of the year, rising significantly in 2018 to €750k per quarter.
The company has raised €858,000 to date. Last funding round of £500,000 was raised publicly on equity
crowdfunding platform Seedrs.com in December 2016.