have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . february 2015 learn how and when to remove this template message lendico global services type private industry personal finance software headquarters berlin germany area served germany spain poland austria south africa key people dr. clemens paschke dr. christoph samwer dr. dominik steink hler products peer to peer lending number of employees 80 parent rocket internet website www.lendico.com lendico is a multinational company operating a peer to peer lending platform . the international online marketplace for business and consumer lending 1 was founded in december 2013 2 by the incubator and venture capitalist rocket internet . 3 after launching in germany the company expanded into spain poland austria south africa the netherlands 4 and brazil . 5 using the crowdfunding model the company based in berlin germany 6 directly connects investors and private and business borrowers . lendico is led by its co founders and managing directors dr. clemens paschke dr. christoph samwer and dr. dominik steink hler . 7 contents 1 history 2 business model 3 see also 4 references history edit inspired by the business model of the us peer to peer lending platform lending club 8 and uk based company zopa 9 lendico is a marketplace that enables the link between borrowers and investors . during the first 20 months the company established itself in austria 10 brazil 11 the netherlands 12 poland spain 13 and south africa 14 replicating the expansion plan usually used by its creator rocket internet . 3 business model edit the loans are personal loans or sme loans and range between 1 000 150 000 in germany . 15 the interest fee is calculated on the basis of the borrower s credit score credit history desired loan amount and the borrower s debt to income ratio . 16 lendico determines whether the borrower is creditworthy and assigns to its approved loans a credit grade that determines the payable interest rate and the fees . the loan period can range between 1 and 5 years and be repaid at any time . 16 only 10 % of applications are received on the platform . 17 lendico operates completely online with no branch network and relies on proprietary technology to reduce costs and optimize the handling of loan applications . lendico has repeatedly been nominated as best credit marketplace . 18 in august 2015 deutsche b rse venture network selected lendico to become member of its programme of growth companies and national and international investors . 19 see also edit comparison of crowd funding services disintermediation references edit lendico adds sme loans p2p banking.com . www.p2p banking.com . retrieved 2015 08 31 . adepoju paul 7 february 2014 . africa internet holding launches lendico marketplace in south africa . human ipo . retrieved 23 april 2014 . a b seibel karsten 15 may 2014 . warum jetzt sogar online banken von gestern sind . welt . retrieved 6 june 2014 . lendico continues international expansion . altfi.com . retrieved 2014 09 16 . lendico starts lending in brazil . retrieved 2015 08 31 . neuhaus carla 15 june 2014 . woran berliner start ups arbeiten . tagesspiegel . retrieved 21 june 2014 . ber uns lendico.de . www.lendico.de . retrieved 2015 08 31 . rocket internet is getting ready to launch peer to peer lending platform lendico . venture village . 30 october 2013 . retrieved 8 june 2014 . hesse martin 31 march 2014 . david gegen goliath . spiegel . retrieved 23 june 2014 . r th magdalena 7 april 2014 . lendico leiht geld in sterreich update und in s dafrika . gruender szene . retrieved 18 june 2014 . lendico launches in brazil p2p banking.com . www.p2p banking.com . retrieved 2015 08 31 . fast growing p2p platform lendico enters dutch market . crowdfund insider . retrieved 2015 08 31 . pr stamos privados facturas y bonos alternativas al cr dito bancario . el pais . 9 february 2014 . mungadze samuel 16 april 2014 . a form of online stokvel . financial mail . retrieved 25 may 2014 . michelle kuepper 2 december 2014 . rocket internet s p2p lending venture lendico has lift off . venture village . retrieved 20 june 2014 . a b heismann g nter 12 april 2014 . so funktioniert der kredit vom nachbarn . wirtschafts woche . retrieved 15 june 2014 . mungadte samuel 9 april 2014 . lendico opens loan facility . business day . retrieved 27 june 2014 . platz 1 kreditmarktplatz lendico bankingcheck.de . www.bankingcheck.de . retrieved 2015 08 31 . lendico now part of deutsche boerse venture network . retrieved 2015 08 31 . retrieved from https en.wikipedia.org w index.php title lendico & oldid 682027812 categories companies established in 2013peer to peer lending companieshidden categories wikipedia articles with possible conflicts of interest from february 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in 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