Lendable

Who’s speaking at #AFTSNairobi2024? (Part 2) 🎊 🗣 Chuba Ezenwa, Managing Director, Investment Banking SSA, Bank of America; CK Japheth, Founder & Team Lead, The Innovation Village; Daniel Kitwa, FCCA, Director, Energy Access Finance, GreenMax Capital Group; Claire Lexa, Associate Director; Lendable; David Wainaina, Trading Manager, Nairobi Securities Exchange PLC; Djiba Diallo, Senior Fintech Advisor, Ecobank Transnational Incorporated; Anthony Dolapo Agbaje, Director, Apis Partners; Stephen Oluwatobi, Head of Operations, Kora; Edgar Tiltmann, CFCS, LexisNexis Risk Solutions, Dr Tunde I., Co-founder & CEO, Regfyl. Ed Ibekwe, Sales Manager, ChainUp; Eloïne Barry (She/Her), Founder & CEO, African Media Agency (AMA); Eric Wainaina, GM, Africa, Conduit; Emily Odindo, Fintech Enabler & Founder, Pim Company; Erick Asuma, Chairman, Wall Street Africa Group; Erick Massawe, Country Manager, Kenya, Watu Credit; Eugene Tawiah, Co-founder & CEO, SecondSTAX; Eunice Wambui, Investment Principal, 54 Collective VC; Eva Ngigi-Sarwari, Senior Director & Country Manager, Kenya, Visa, and Ezzeddin H. Zahzah Zahzah, Program Director, 500 Global.

🎤 Looking forward to being part of the 2nd Women Who Build Africa Assembly! Last year's inaugural edition was unforgettable - something about being in a room full of inspiring women✨ Join me and other voices who are passionate about closing the gender gap in tech & investments 💪 Get your tickets here: https://lnkd.in/dNUFAAJ5 Female founders, apply to attend for free and to pitch here: https://lnkd.in/dMGjK82c

We're thrilled to celebrate a decade of driving positive change! 🎉 This milestone coincides with the launch of our inaugural impact report, showcasing the incredible journey of #Lendable. Over the past 10 years, we've harnessed the power of #data and #finance to create a more #equitable and #sustainable world. Our proprietary Maestro platform has been instrumental in fuelling our success as we've financed innovative and impactful fintechs across Asia, Africa, and Latin America. We invite you to download our report to discover: 🔶 The story of Lendable and how our technology has empowered our mission across our various business lines. 🔶 Regional insights from our investment team on inclusive fintech trends. 🔶 Our approach to impact investing and ESG, along with key performance highlights. 🔶 Inspiring case studies showcasing how our fintech partners deliver meaningful change 🔶 A glimpse into our plans for continued growth in fintech and our exciting new sustainable investing strategy! Download your copy here: https://lnkd.in/gkNSeqRR Let's connect! We'd love to hear your thoughts and answer any questions. Feel free to reach out to us at [email protected].

“Since closing our initial transaction with Lhoopa in late 2022, we have grown our partnership with the company as it has scaled. Lhoopa serves as a great example of the type of company we want to work with – a globally ambitious business addressing a core impact need, in this case access to affordable housing for a highly underserved population. We are excited to see the success Lhoopa has shown to date and look forward to deepening our relationship going forward.” - Suresh Samuel Managing Director Head of Fintech Investments at Lendable https://lnkd.in/gh54dB27

 “We have been supporting TerraPay since 2020, as the company accelerated its growth facilitating remittances across emerging markets. We continue to believe in the importance of increasing digital payments globally and are excited to work with British International Investment furthering support to TerraPay to expand this mandate.” - Suresh Samuel, Managing Director - Head of Fintech Investments at Lendable

Moladin Secures up to USD 50 Million Debt Financing from Lendable, Supporting Access to Financing Solutions for Indonesian MSMEs Singapore, 09 July 2024 — Moladin, a leading Indonesian mobility #fintech, has raised a senior secured loan of up to USD 50 million from Lendable which provides debt capital to fintech companies in emerging and frontier markets. This partnership will enable Moladin to further support dealers and consumers in the used car market ecosystem by providing them with access to innovative financing solutions. Moladin’s mobility fintech platform, supported by Moladin Finance Indonesia (MFI), an OJK-Licensed end-to-end digital financier, for used car dealers as well as retail consumers, allows them access to financing against the value of their vehicles as collateral. Moladin is actively bridging the gap in financial services and personal mobility solutions, particularly for #underserved communities, #MSMEs, and its growing consumer base. The investment in Moladin aligns with Lendable’s mission of supporting financial inclusion in emerging markets through #technology and innovative financial solutions, and demonstrates Lendable’s belief in Moladin’s capabilities to address the financing gap faced by used car dealers, MSMEs and consumers in #Indonesia. Hani Ibrahim, Chief Investment Officer at Lendable, commented on the investment by adding, “Lendable is proud to partner with Moladin and support their #mission-aligned objective of serving #underserved #MSMEs and consumers in #SoutheastAsia. Having worked closely with the Moladin team during this transaction, we have been impressed by how Moladin has been able to build a high-quality scalable business that reaches a critical, yet hard to serve segment in Indonesia.” Andrew K.J. Tan, CFA, Co-Founder and President at Moladin, further emphasizes the significance of this milestone: “Our partnership with Lendable will help us significantly expand access to financial services and mobility solutions. This goes beyond just buying a vehicle. We are also helping #MSMEs grow their business and take advantage of emerging opportunities. By fostering financial inclusion, Moladin is actively contributing to the economic and social mobility of all Indonesians.” Since 2023, Moladin has facilitated financing access for its expanding customer base by disbursing over USD 500 million in loans, including more than USD 300 million to used car dealers and USD 250 million to consumers and other MSMEs. Read more: https://lendable.io/news/ #ImpactInvesting #FinancialInclusion #EmergingMarkets #PrivateDebt

We are delighted to welcome Sharad Prakash as Head of Asia on Lendable's fintech investment team! Suresh Samuel, Lendable’s Managing Director and Head of Fintech, said “We are very excited to have Sharad join our team. He brings a wealth of private credit experience across Asia, a strong commitment to our impact mandate, and a clear excitement about the fintech opportunity. I believe Sharad is going to have an immediate impact on our work and will be a great partner for scaling fintechs across the region.” Sharad has over 17 years of experience in financial services across origination, structuring & syndication of private credit, securitized products & secured financing (including for fintechs). Click https://lnkd.in/esjsMWEi to learn more about Sharad, and https://lendable.io/ to learn more about Lendable.

📣 Join us next week on June 18th at 9am ET / 2pm BST on Convergence Blended Finance's webinar series INSIDE THE DEAL, where Lendable's CEO Chris Wehbe, together with a few investors, will discuss Lendable’s debut into #blendedfinance looking back at when the company launched its 4th private debt fund, the Lendable MSME Fintech Credit Fund (LMFCF). Together with Stephen K. Macharia for FSD Africa, Stella Li Kirkpatrick representing Calvert Impact and Taha Gaya on behalf of USAID, the panelists will discuss LMFCF’s development, challenges and lessons learned in setting up an innovative pool of capital to drive real #impact across emerging, frontier and pre-frontier markets. LMFCF is a closed-end blended fund providing on and off-balance sheet funding to #fintechs that support MSMEs and the digital ecosystem in Sub Saharan Africa and Southeast Asia to increase financial inclusion and opportunity creation. It closed with USD 110 million of investable capital, exceeding the USD 100 million target. LMFCF attracted a broad range of development finance and commercial investors to the asset class, some of whom have not previously been involved in fintech transactions. 👉 Convergence members can register using this link https://lnkd.in/eDu9ZaaC We look forward to seeing you there!

We're #hiring a Consultant KYC/AML Analyst! If you are passionate about #KYC and #AML, with a strong background in KYC for commercial and legal structures, knowledge of US/EU/UK AML regulatory frameworks and an interest in working with a dynamic team dedicated to making an #impact, apply today! Multiple locations considered.

Lendable’s CEO, Chris Wehbe and Investment Director, Nick Riley both recently attended the Annual AVCA - The African Private Capital Association summit held in Johannesburg, where Chris took part in a panel discussion on debt on the continent, entitled "Debt Dynamics: Unlocking Liquidity with Venture Debt in Africa". During the session, Chris elaborated on Lendable’s unique data-driven approach in providing senior debt to fintech and sustainable-focused companies in emerging, frontier, and pre-frontier markets. With an estimated 131 million underbanked MSMEs across frontier and emerging markets, #fintechs have introduced innovative business models that offer tailored and financially inclusive products to these clients. In our operational markets spanning Sub-Saharan Africa, Southeast Asia, and Latin America, debt transactions often prove too intricate and nuanced for international investors to participate, however, through our data-driven approach, Lendable has frequently been the #first institutional debt provider for many clients in these regions. Beyond the formal discussions, the Lendable team hosted an informal dinner on the sidelines of the summit, bringing together a diverse group of conference attendees from the broader ecosystem, including investors, commercial banks, debt providers, and VCs. We extend our gratitude to the event's organizers for the invitation and for facilitating engaging exchanges with like-minded peers. #AVCA #Africa #EmergingMarkets #MSMEs #PrivateDebt