Plend - About the company
Plend is a seed company based in London (United Kingdom), founded in 2020. It operates as an Online lending platform for consumer financing. Plend has raised $40.6M in funding from investors like Tomahawk VC, Ascension and Haatch. The company has 94 active competitors, including 11 funded and 11 that have exited. Its top competitors include companies like M Kopa, Creditspring and Abound.
Company Details
Online lending platform for consumer financing. It offers a platform where users can apply and get funded through partners. It assesses the loan application based on the company's own credit score. It considers the individual's real spending habits and financial situation.
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Seed
Total Funding
$40.6M in 4 rounds
Latest Funding Round
Investors
Ranked
7th among 94 active competitors
Employee Count
25 as on Jul 31, 2026
Legal entities associated with Plend
Plend is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Plend Limited CIN: 12581855 , United Kingdom, Active | Apr 30, 2020 | - | 14 (As on Mar 31, 2024) |
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Plend's funding and investors
Plend has raised a total funding of $40.6M over 4 rounds. Its first funding round was on Sep 07, 2021. Its latest funding round was a Conventional Debt round on Jul 28, 2026 for $*****. 1 investor participated in its latest round. Plend has 12 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Plend:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 28, 2026 | 1520514 | Conventional Debt | 6767978 | 6091330 | 1133986 | 7857888 |
Nov 02, 2022 | 9267232 | Conventional Debt | 1094703 | 7644221 | 8982256 | 4080081 |
Nov 02, 2022 | 9363068 | Seed | 3603172 | 9335537 |
View details of Plend's funding rounds and investors
Plend's founders and board of directors
Founder? Claim ProfilePlend's employee count trend
Plend has 25 employees as of Jul 26. Here is Plend's employee count trend over the years:
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Plend's Competitors and alternates
Top competitors of Plend include M Kopa, Creditspring and Abound. Here is the list of Top 10 competitors of Plend, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of affordable solar power for households | $241M | 71/100 | ||
2nd | Creditspring 2016, London (United Kingdom), Series A | A personal loans platform | $88.6M | 67/100 | |
3rd | Abound 2020, London (United Kingdom), Series B | Provider of personal loans with flexible repayment options and holistic assessment | $1.68B | 63/100 | |
4th | Amigo Loans 2005, Bournemouth (United Kingdom), Public | Direct lender offering guarantor loans. | - | - | 53/100 |
5th | International Personal Finance 2007, Leeds (United Kingdom), Acquired | Lending platform that offers consumer loans and offline home credits | - | - | 50/100 |
6th | Future Finance 2014, Dublin (Ireland), Deadpooled | Online platform for student loans | $155M | 50/100 | |
7th | Plend 2020, London (United Kingdom), Seed | Online lending platform for consumer financing | $40.6M | 48/100 | |
8th | Prograd 2022, London (United Kingdom), Seed | Provider of online side hustles and financial education | $2.5M | 45/100 | |
9th | Firenze 2023, Manchester (United Kingdom), Seed | Online lending marketplace offering consumer loans | $5M | 45/100 | |
10th | Koyo 2018, London (United Kingdom), Series A | Online marketplace for personal loans | $67M | 45/100 |
Looking for more details on Plend's competitors? Click here to see the top ones
Plend's Investments and acquisitions
Plend has made no investments or acquisitions yet.
Reports related to Plend
Here is the latest report on Plend's sector:
News related to Plend
Media has covered Plend for 1 event in last 1 year.
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Triple Point provides Plend with credit facility of up to £50mAlternativecreditinvestor•Jul 28, 2026•Plend
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Plend Launches Embedded Credit API as an Ethical Alternative to Buy Now Pay LaterFintech Finance•Jun 05, 2024•Plend
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Plend and Monevo Partner to Provide More Inclusive Lending OptionsFintech Finance•Apr 30, 2024•Plend, Monevo
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Ethical lender Plend reveals £40m raise, with backing from Monzo ‘mafia’AltFi•Aug 25, 2023•Plend, Active Partners, Velocity Capital, Ascension and 11 others
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Plend raises £40mn debt and equity fundingFinTech Alliance•Aug 25, 2023•Plend, Active Partners, Velocity Capital, Ascension and 4 others
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Plend teams up with non-profits to deliver loans to vulnerable borrowersPeer2Peer Finance News•Aug 16, 2023•Plend, Fair4All Finance
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