Lendified

The Lendified story begins with a wealth of banking experience, a deep knowledge of the Canadian financial services marketplace.

Launch date

2015

Employees

Market cap

Enterprise valuation

Toronto Ontario (HQ)

http://lendified.com

https://twitter.com/lendified https://www.facebook.com/lendified https://www.linkedin.com/company/lendified

Revenues, earnings & profits over time

CAD	2017	2018	2019	2020	2021
Revenues	(3.0m)	(2.0m)	(4.0m)	(4.0m)	1.0m
% growth	-	(33 %)	100 %	-	(125 %)
Profit	(7.0m)	(10.0m)	(15.0m)	(12.0m)	1.0m
% profit margin	233 %	500 %	375 %	300 %	100 %
EV / revenue	-	-	-	-6.2x	15.2x

Date	Investors	Amount	Round
Aug 2016	Liquid Capital Corporation	$20.0m	Debt
Oct 2017	ClearFlow Commercial Finance	$60.0m	Debt
Nov 2018	Edelman Digital	$300k	Grant
Apr 2019	Shoppers Drug Mart FirePower Capital WD Capital Markets INFOR Financial Inc.	$11.2m	Series A
Apr 2020	N/A	N/A	IPO
Total Funding		$11.5m

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Lendified Mar 2016