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Since 2022, Lendable has backed 4 African startups across 1 disclosed funding round totaling $38M, most heavily in Nigeria and Fintech.
Lendable is a technology enabled investment and alternatives platform that provides debt finance to fintech and other digital financial service providers in emerging and frontier markets. Founded in 2014, the firm is headquartered in London and operates from additional offices in Nairobi and Singapore. Lendable uses proprietary technology and data to originate, structure, underwrite, and monitor transactions for global investors and high growth companies. In Africa, Lendable focuses on providing debt and other financing solutions to leading fintech companies that expand access to financial services for consumers and MSMEs. Based on recorded investments, the firm has participated in debt financing rounds and at least one Series A round for fintech businesses, backing companies in Nigeria, Senegal, and Egypt. Its African portfolio includes digital banking, payments, and credit platforms, such as Wave in Senegal, Khazna in Egypt, and FairMoney and Carbon in Nigeria. Lendable positions itself as an impact driven platform that aims to create more economically just and environmentally sustainable outcomes through finance. The firm enables market access for global investors through funds, co investments, and technology solutions, and provides asset management, financial and impact monitoring, and co investment opportunities to a wide range of institutional and private investors.
Data updated · Jul 29, 2026
Lendable has backed 4 African startups across 1 disclosed funding round tracked on Liners, totaling $38M since 2022.
Mostly Series A: 1 of its 1 tracked rounds are at that stage.
Its tracked rounds lean toward Fintech (4).
Lendable most often shares rounds with Symbiotics (1 shared deal), BlueOrchard (1 shared deal), ResponsAbility (1 shared deal).
Lendable is a technology enabled investment and alternatives platform that provides debt finance to fintech and other digital financial service providers in emerging and frontier markets. It was founded in 2014 and is headquartered in London, with additional offices in Nairobi and Singapore.
Lendable has provided financing to several African fintech companies. These include Wave in Senegal, Khazna in Egypt, and FairMoney and Carbon in Nigeria, all of which offer digital financial services such as payments, banking, and credit.