A credible, secure, and extremely convenient way to find invoice financing opportunities, Lendo is the perfect peer-to-peer lending platform for investors to make more out of their savings.
The concept of peer-to-peer (P2P) lending, also known as social lending or crowd lending, is an alternative financing method that allows individuals to borrow directly from other individuals. This method is gaining increased popularity over traditional financing (such as banks) as it:
Lendo believes that everyone deserves a financially secure future, so we bring you endless opportunities to invest in creditworthy SMEs without the hassles that come with traditional financing methods.
Following are some of the benefits that make the Lendo platform better than other investment options:
Return per month
SAR Minimum Ticket
Integrated with the highly credible SIMAH and Bayan Credit Bureau in addition to government entities like MCI, our sophisticated scoring engine uses a number of data points to understand the hazards associated with each investment.
Every SME that applies for invoice financing must go through our risk assessment process. Only the ones that we approve are displayed on our platform as an opportunity for investors to pick and choose.
Our scoring engine displays each investment opportunity with a risk band (A,B,C,D) which provides you insights into the level of risk attached with the opportunity. It is completely up to you to decide which funding requests you want to invest in.
Still curious or unclear about registering as an investor? Whatever your inquiries be may, find them answered here in the FAQs.
Any Saudi or resident with valid ID, over the age of 18, and has local bank account can make investments on the platform.
You can monitor your investments through your Dashboard in you profile.
Through a bank transfer to the IBAN provided to you by email or in your account profile
Yes, for withdraw Lendo will charge 7 SR deducted from the amount.
For the Top-Up, lendo don’t charge you any but maybe there is a fee from your bank-side