Here you will find answers to frequently asked questions


SEPA money management solution enables Lenndy team to quicken investor onboarding process, improve the speed of transactions and ensure error-free statistics.

Lenndy depository account deposits in LHV Bank of up to 100,000 EUR are protected on account of the Deposit Guarantee Sectoral Fund.

We accept SEPA money transfers from bank accounts or payment services in the European Economic Area. If your bank does not use SEPA transfers, please contact our investor service team to find the best way for you to deposit your money.

We will be asking all investors to agree with updated platform terms and conditions in order to carry on investing at Lenndy. If you do not agree with updated terms and conditions, you will be able to withdraw available funds but you will not be able to make any further investments.


Lenndy - online loan market (eng. “lending marketplace“), focused on the sale of already issued loans. People have the opportunity to redeem already committed loan rights and earn 12-15% interest. All loans that are uploaded to Lenndy system are already issued by administrators and are time tested. Doubtful risk loans are not included into the Lenndy platform due to a strict Lenndy policy.

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 solution is for individuals or businesses who are registered on the platform and it allows investors to invest in already issued loans. More information about Lenndy business model is available here.

Registration in the platform as the investment is a completely free service. By investing in business loans, users do not pay any fees to the platform operator.

Yes. page is protected by SSL (Secure Sockets Layer) protocol. SSL is a standard, globally recognized security technology used by millions of websites, including banks for the security of their customers. Lenndy team also performs regular third-party audit of safety standards, therefore all money transactions are protected.

In the unlikely event of Lenndy insolvency, investors will be given full information from the Lenndy database on the transactions they have concluded within the framework of the marketplace. The Lenndy bankrupt administrator will take all necessary actions to transfer the servicing of all loans and investments to an appropriate manager.


Log-in into Lenndy account and press ‘deposit’. For the first timers please input your birth date and press save. You will see a pop-up window with all the needed details to make deposit from your bank account.

Yes, you can. Only the name of the bank account should match the name in the Lenndy system itself.

Login into Lenndy account and press “withdraw” in the upper right corner. For the first timers - proceed with verification screen and input your data - passport copy and your personal identification code. Then choose the amount and bank account you want to proceed with.

Usually it takes up to two working days. One is for approval from Lenndy administration and the second day takes the transactions between the operating banks. In case of transfers outside the eurozone may take longer, depending on the bank.

Single Euro Payments Area (SEPA) The creation of the Single Euro Payments Area (SEPA) is an EU public authorities’ integration initiative in the area of electronic euro payments. The SEPA zone comprises 34 countries, including Switzerland and Liechtenstein.


Investors are able to see a certain amount of information about borrowers on our marketplace including amount, term and purpose. In order to maintain security and comply with data protection legislations, we do not reveal the full names or addresses of borrowers.

Loan originator‘s buyback guarantee is one of the key advantages for Lenndy investors, which means that loan originator buys back outstanding loan amount with interest from investors when borrower fails to pay for 60 days. Buyback guarantee is valid for loans with buyback icon.

Lenndy partners - loan operators that provide people with loans of different forms to individuals and entities at Lenndy. Partners in Lenndy platform sell their loan portfolios and transfer loans to registered investors. You can get acquainted with Lenndy partners in section partners.

There is a Live graphics function at Lenndy, which allows your investment to start gaining interest rates at the same time of investment. The money is safely transferred to Loan Originator at the same time and it counts as a successful sale of a loan’s claim right. Lenndy investors can be assured that there are no chances that their investment will be rejected. If the loan fails to be fully funded, it is closed at the end of its term and your money is employed.

Loans are issued to borrowers for different purposes including working capital loans for businesses, vehicle lease, invoice financing and many other reasons. The purpose of the loan is always stated in each listing and is dependent on the borrower and loan originator.

Lenndy platform is extremely focused on loan evaluation. It is important to mention that the borrower's loan assessment is performed by Lenndy partner who issues the loan. Loans at Lenndy platform are uploaded only after it was evaluated and issued by the loan operator.

1. For invoice financing there is 3 days grace period, when the loan is repaid late, the interest is recalculated for the entire loan instalment and is shown together (late + non-overdue) collectively as an amount. 2. All other loans shall be subject to a 10-day grace period, free of default interest. If the delay is 11 days or more, then the original interest is calculated for the entire delay period, for the total amount due on time (debt + interest).

There are two types of loans - 1) secured loans with collateral and 2) unsecured loans without any collateral. For secured loans collateral may be real estate in the case of a mortgage loan, a vehicle in the case of a car loan or equipment in the case of a business loan as well as many other types of collateral as indicated at the description of each loan.

Ownership rights over collateral are always registered in the name of the loan originator. Loan originator has at least 5% of claim rights of the underlying loan and has the responsibility to oversee the pledge in the interest of the investor.

In the unlikely event that a loan originator goes out of business, we have put in place arrangements to ensure that investors continue to receive payments on the loans in which they have invested through the Lenndy marketplace. When you invest in a loan, you are buying claim rights against the borrower based on an assignment agreement. Borrowers make payments on their loans to the respective loan originator, and in turn, the loan originator and Lenndy distribute payments to investors. In the event that a loan originator fails or becomes insolvent, assignment agreements would remain in place and be unaffected. As per the assignment agreement and cooperation agreement with Lenndy, in the event of insolvency of the loan originator, Lenndy as a proxy of the assignee, would take over the management of the claim from the loan originator and recall authorization of the assignee to the loan originator. After having taken over the management of the claim from the loan originator, Lenndy would be entitled to transfer the management of the claim to any third party at Lenndy’s discretion. This means that Lenndy as a proxy of the assignee would inform the borrower on the assignment and direct continued payments to Lenndy or any third party at Lenndy discretion.


Before the investment it is important to know:
1. the platform operators rules and loan and privacy policy;
2. the information about loan in which you want to invest:

  • repayment conditions;
  • obligations of all parties;
  • pledged assets and other guarantors (e.g. personal guarantee);
  • cases and sanctions of delays in the payment of contributions;
  • Both individuals and entities can invest through Lenndy. Individual investors must be at least 18 years old. Businesses can invest at Lenndy after the owner or the authorised person supplies all requested documentation in a registration form.

    Investors can select among many loans issued by loan originators. Currently, our loan originators issue secured car loans, mortgage loans, invoice factoring and other business or personal loans. Most of the loans have pledged collateral and buyback guarantee provided by respective loan originators.

    When investing funds, you should be prepared to hold the investment through to its maturity date. However, Lenndy offers a secondary market that may provide liquidity in certain circumstances.
    Also, keep in mind that sometimes you might receive monthly principal and interest payments, which will reduce your investment in a respective loan over time.

    There is a feature that enables investors to sell their investments. On the right side of every current loan in your portfolio there is a “Sell” button that allows investors to sell their investments for 5% fixed fee. For example, if the outstanding amount of the loan you are selling is 100 EUR, then your fee will be 5 EUR.

    Loans at Lenndy have different safeguards depending on the type of the loan. More information about them can be found at the description of every loan. Some of the loans are secured by originator’s buyback guarantee. More information about buyback guarantee can be found here. IMPORTANT: Your investments are not covered by deposit insurance, therefore, please take some time to fully understand related risks and evaluate your financial objectives.