Peer to peer lending marketplace

Lenndy is a peer-to-peer lending marketplace, where investors can invest in loans by buying out prior issued loan rights. Using the platform operators’ technological solutions, non-banking loan administrators have the option to transfer rights of claim arising from any credit agreement. This model allows investors to redeem already committed loans and get 12-15% interest. Loans at Lenndy are sold by loan originators, that are issuing business loans or personal credits. Loan originators transfers their issued loan documentation and Lenndy operator presents them in loan list, after successful valuation results. Only 95 % of loans can be sold at Lenndy, to ensure that Loan Originator also keeps part of the loans with all investors, who made the investment. Lending Marketplace is named as a P2P 2.0 version, because users are investing in already issued loans, and borrowers doesn’t have to wait until all the amount will be collected from many investors.

Our team

Donatas profile

Donatas Šatkauskas
Lenndy CEO

“The essence of strategy is choosing what not to do.” - Michael Porter

Otas profile

Otas Aleksejevas
IT Project Manager

“If you worried about falling off the bike, you'd never get on… same as IT projects“