LendFlo
Financials
Estimates*
EUR | 2020 |
---|---|
Revenues | <1m |
EBITDA | (2.8m) |
% EBITDA margin | (7753 %) |
Profit | (2.8m) |
% profit margin | (7685 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | £112k | Seed | |
£600k | Seed | ||
N/A | Acquisition | ||
Total Funding | €854k |
Related Content
Recent News about LendFlo
EditFIBR is a digital bank tailored for business owners, providing essential financial services such as business loans, mortgages, and working capital facilities. The company operates in the financial services sector, specifically targeting small and medium-sized enterprises (SMEs) and entrepreneurs. FIBR's business model revolves around facilitating borrowing for business growth while enabling individuals to save money in a way that supports SMEs. The bank generates revenue through interest rates on loans, which start from 3%, and offers competitive loan-to-value ratios of up to 100%. FIBR's team comprises experienced entrepreneurs who understand the financial needs of business owners, ensuring that their solutions are practical and effective. The bank also collaborates with lending partners to finance SMEs, further expanding its reach and impact. FIBR's commitment to straightforward, data-driven solutions ensures that business owners receive the financial support they need without unnecessary complexity.
Keywords: digital bank, business loans, mortgages, working capital, SMEs, entrepreneurs, financial services, lending partners, interest rates, data-driven solutions.