Crossing borders for better returns. Rocket Internet’s Lendico challenges traditional P2P lending.

German fintech challenges the prevailing international P2P lending industry

  • As the first P2P lending marketplace, Lendico now offers German investors to directly invest in Spanish loans. Investors will be able to earn up to 50% more
  • Target for 2015: Lendico wants to become the largest online lending marketplace in Germany. Lendico has received €500 million in loan demands in 2014 and has acquired more than 10.000 investors across six countries

Berlin, 14th of November 2014 Lendico identified the opportunity of mutual interest and connects borrowers and lenders across borders. As a first step, German investors can now invest in Spanish loans, with returns up to 19,60%, considerably higher than what investors can expect in Germany.

“The fact is, the disparities between countries are much greater than those on a national level. Borrowers from high-interest countries are in need of foreign investment just as investors in low-interest countries are looking for loan investments with higher returns.” explains co-founder Dominik Steinkühler.

This is especially true for Spain. Since the Financial Crisis in 2008, it has become extremely difficult for high quality borrowers to get a loan and for return-seeking investors to earn a high rate of interest.

As a first step, German investors can now invest in Spanish loans, with returns up to 19,60%, considerably higher than what investors can expect in Germany. Lendico has already received 500 million Euros in loan demands in 2014 and is receiving thousands of new requests every week. Lendico is established on a well-known principle: you can earn around 6,50% with a savings account but banks regularly lend out money to borrowers at rates sometimes higher than 20%. There is a lot of room in-between.

About Lendico

Since its launch in December 2013 Lendico expanded across 2 continents, covering 6 countries in total. With loan requests now exceeding €500m globally, Lendico aims to further grow and provide better financial resources all over the world.

As the first international online lending marketplace, Lendico now offers investors access to international loans to push yields even higher, and diversify portfolios even further. For example, German investors can now invest in Spanish loans, with returns up to 19.60%. International P2P lending can offer superior rates – for borrowers as well as for investors.

Download PDF
Download PDF
About Lendico

LUnternehmensfinanzierungen. Schnell. Einfach. Günstig.

Lendico wurde 2013 in Berlin gegründet. Unser Ziel: Mittelständischen Unternehmen ermöglichen, ihr volles Potential zu realisieren. Mit schnellen, einfachen und flexiblen Firmenfinanzierungen. Unsere Motivation: Der Erfolg unserer Kunden.

Das Team hinter Lendico steht für ausgefeilte Technologie, ein tiefgreifendes Finanzverständnis, schlanke Prozesse, jahrelang angewandte Expertise und nicht zuletzt die Courage Neues zu wagen. Unsere Finanzexperten stehen als persönliche Ansprechpartner für alle Finanzierungsfragen zur Verfügung.

ING & Lendico

In den vergangenen 50 Jahren hat die ING in Deutschland bewiesen, dass sie anders ist. Und das beweisen wir auch – wenn auch noch nicht so lange. Deswegen sind wir überzeugt, dass sich die Unternehmensstrategie der ING in Deutschland und das digitale, sehr effiziente Geschäftsmodell von Lendico sehr gut ergänzen und wir zusammen stärker wachsen können.

news