Accel Partners, Blumberg Capital, Omidyar Network, Inovia, Metamorphic invest in lending start-up
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Lenddo.com is the first service to use online social networks and endorsements to calculate credit worthiness.
Lenddo seek to improve the lives of millions. The community helps members use their online reputation to access financial services, which in turn fosters economic development, and a better standard of living.
The Lenddo community is designed to empower the emerging markets middle class by providing simple tools to manage financial reputation, help their community and connect with interested institutional lenders.
Lenddo was started with the belief that professionals in emerging markets should have access to the same high level of financial products and services as are enjoyed in more mature financial markets such as Japan, Germany, United Kingdom and the United States. The Lenddo community helps its members measure and maintain their online reputation, with the goal of providing a Lenddo Score that can help access credit and other financial services.