Lendable Breaks New Ground in Impact Fund Raise
- On track for
LMFCF2's senior tranche has also secured an investment-grade rating, underscoring Lendable's strong track record and disciplined credit approach.
The World Bank Group's International Finance Corporation (IFC) has committed
These two funds reflect Lendable's mission to back high-impact, technology-enabled businesses driving inclusive and sustainable growth in developed and emerging markets. LMFCF2 provides asset-backed capital to next-generation financial services companies leveraging Lendable's technology and data to expand financial access for underserved populations. LTEF targets fast-growing small and medium enterprises (SMEs) and mid-market enterprises (MMEs) that are driving the adoption of sustainable technology across various economic sectors, including electric and efficient mobility, renewable energy and resilient agriculture.
With emerging markets set to deliver approximately two-thirds of global economic growth through 2035 (S&P Global), Lendable is helping to unlock this potential by supporting firms that will become the backbone of financial services, energy and transportation. Through its customised tech and data platform, Lendable enables global growth companies to scale faster while maintaining borrower discipline and collateral quality, supported by technology-led structuring, ongoing monitoring and proprietary insights from its Maestro risk engine.
"Our goal is to unlock billions of dollars for high-impact asset classes while not sacrificing returns," Daniel Goldfarb, Lendable Co‑Founder and Executive Chairman, added. "These funds get us one step closer, and allow us to back the businesses transforming access to finance, energy and essential services for millions of people."
IFC's
Lendable has appreciated the participation of both new and existing DFI partners in its new funds. In the case of LMFCF2, partners included British International Investment (BII), the Belgian Investment Company for Developing Countries (BIO), the Netherlands Development Finance Company (FMO), FinDev Canada, Proparco and the Deutsche Investitions-und Entwicklungsgesellschaft (DEG). For LTEF, participants included the Netherlands Development Finance Company (FMO) and the Swiss Investment Fund for Emerging Markets (SIFEM).
For further information, contact:
+27 82 894 5581
[email protected]
+44 (0) 778 5268 282
[email protected]
About Lendable
Lendable is a tech-enabled impact fund advisor providing asset-backed lending to high-growth companies across emerging markets, globally. Our data-driven approach to underwriting, structuring, verification, and monitoring capabilities allow us to manage risk at the speed of our markets, while partnering with borrowers as they scale and deliver a meaningful social and environmental impact.
Lendable finances companies across sectors, including consumer and MSME credit, productive asset finance, payments, remittances, digital ecosystems and green energy. With nearly a decade of strong fund performance and Assets Under Advisory approaching
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Any investment products or services referenced herein are only available through private placement and only to:
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- Professional clients in the
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This press release does not constitute investment advice, legal advice, or tax advice. The information contained herein is subject to change and may include forward-looking statements, which are inherently uncertain and may differ materially from actual results.
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SOURCE Lendable
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