LendKey uses its on the web platform and you can technology to match people having local banking institutions and borrowing from the bank unions

LendKey are oriented in 2007. To start with, they were entitled Fynanz, and was a peer-to-fellow (P2P) mortgage lender. The model was in order to establish individual borrowers with individuals otherwise businesses that got specific financial support in order to lend.

LendKey elevated strategy financial support double given that the inception. Basic, this present year they raised $nine.5 million. Upcoming, they increased a supplementary $several.5 billion inside the 2013, and rebranded their team while the LendKey.

In the event that providers changed its name, LendKey and narrowed their desire out-of standard P2P financing to working having borrowing unions and you may people banks.