8 Lends - About the company
8 Lends is an unfunded company based in Switzerland, founded in 2024. It operates as an Operator of a peer to peer crypto asset backed platform. 8 Lends has not raised any funding yet. The company has 266 active competitors, including 77 funded and 21 that have exited. Its top competitors include companies like Lending Club, Funding Societies and Modalku.
Company Details
Operator of a peer to peer crypto asset backed platform. This service facilitates lending between individuals and businesses by utilizing stablecoins. Loans are secured by physical business assets such as equipment, inventory, and machinery. The system records all transactions and repayment schedules on a public blockchain to ensure verification of cash flows. Borrowers undergo a screening process to assess financial stability and collateral value before receiving funding. Investors receive interest payments based on the terms of the loan agreements.
- Website
- www.8lends.io/
- Email ID
- *****@8lends.io
Key Metrics
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8 Lends's funding and investors
8 Lends has not raised any funding rounds yet.
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8 Lends's Competitors and alternates
Top competitors of 8 Lends include Lending Club, Funding Societies and Modalku. Here is the list of Top 10 competitors of 8 Lends, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lending Club 2006, San Francisco (United States), Public | P2P marketplace for consumer and business loans | $219M | 82/100 | |
2nd | Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 82/100 | |
3rd | P2P marketplace for business loans | $66.2M | 70/100 | ||
4th | Assetz Capital 2012, Stockport (United Kingdom), Series B | Developer of online P2P marketplace for commercial real estate and business loans | $12M | 69/100 | |
5th | P2P marketplace for consumer and business loans | $28M | 69/100 | ||
6th | P2P microfinance credit provider | $180M | 68/100 | ||
7th | P2P lending platform for consumers & businesses | $1.68M | 67/100 | ||
8th | Online P2P lending platform for personal loans | $3.04B | 66/100 | ||
9th | Online P2P marketplace for consumer and business loans | $6.83M | 62/100 | ||
10th | Prestamype 2017, Miraflores (Peru), Seed | Provider of P2P marketplace for business loans | $7M | 60/100 | |
303rd | 8 Lends 2024, Switzerland, Unfunded | Operator of a peer to peer crypto asset backed platform | - | - | 16/100 |
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8 Lends's Investments and acquisitions
8 Lends has made no investments or acquisitions yet.
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