FinovateFall 2018 / Lendindex
How they describe themselves: Lendindex is an online fintech company based in NY, USA and operating globally. The company offers alternative funding to small businesses through a fully- automated lending platform for online lending equipped with a company scoring and loan origination.
Lendindex is also a global business Credit Network based on smart contracts. Every company in the network, even the smallest companies, has a score and can improve its business score and funding terms by taking and paying back a loan. The loans are available in both FIAT money and cryptocurrencies.
Lendindex’s P2B Credit Network is based on smart contracts and blockchain technology, which enables cross-border lending and brings transparency and reliability to business lending.
How they describe their product/innovation: Lendindex will demo our end-to-end loan application, transactions and business scoring solution, which is powered by proprietary identification, AI scoring, and blockchain technologies.
Lendindex’s loan product is a loan from micro to up to $150,000, the terms are based on a number of data factors, including business volume, industry, location, time in business, transactions, social media activity and the credit score for USA companies.
Lendindex expanded its peer-to-business lending with cryptocurrencies in May 2018,
one of the first companies in the world doing lending transactions in cryptocurrencies. Lendindex also began leveraging blockchain transaction data to calculate score and underwrite cross-border funding.
Product distribution strategy: Direct to Business (B2B)
Bus. Dev. & Press: Milla Bakhareva, CTO, firstname.lastname@example.org