Fundz

Lendorse raised €10M in debt financing led by Swiss i2 Group to support over 1,000 talented students from developing countries in accessing higher education in Europe.

PRIVATESep 12, 2024

Amount Raised

€10 Million

Round Type

Debt Financing

MunichEducationFinance

Investors

I2 Group

Description

Lendorse, a Munich-based fintech, has secured €10 million in debt financing from i2 Group. The funding will enable Lendorse to offer its 'Study Now, Pay Later' model, helping students from developing nations pursue higher education in Europe.

Quick answer

Lendorse raised €10 Million in a Debt Financing round, dated September 12, 2024. Investors: I2 Group. Lendorse is based in Munich, Bavaria, Germany.

How much did Lendorse raise?
Lendorse raised €10 Million in a Debt Financing round on September 12, 2024.
Who invested in Lendorse?
I2 Group is named as investors in this round.
What does Lendorse do?
Lendorse is an innovative social impact fintech based in Munich, focusing on education financing.
Where is Lendorse based and how big is it?
Lendorse is based in Munich, Bavaria, Germany. Fundz records about 8 employees.
Who are the decision-makers at Lendorse?
Fundz holds 1 contact at Lendorse. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Education and Finance around the same time

Companies in the same sectors as Lendorse that raised within 45 days of this round, from Fundz verified event records.

  • Parabolic Technologies, Inc. raised $5M (Seed) on September 26, 2024.
  • Upsolve raised $4.3M (Seed) on September 5, 2024.
  • Parabolic Technologies, Inc. raised $11M on August 26, 2024.
  • PRYPCO raised $10M (Seed) on October 23, 2024.
  • Altriarch raised $70M (Private Equity) on October 22, 2024.
  • Monark Markets raised $2.2M (Seed) on October 22, 2024.

Who to call at Lendorse, and when

A new round usually means Lendorse is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lendorse raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Lendorse, from your own LinkedIn network

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Company Information

Company

Lendorse

Location

Munich, Bavaria, Germany

About

Lendorse is an innovative social impact fintech based in Munich, focusing on education financing. Founded in 2022, it aims to provide access to higher education in Europe for talented students from developing and emerging countries. Its 'Study Now, Pay Later' model utilizes Income Share Agreements (ISAs), enabling students to repay financial support after graduation based on their future income. Lendorse partners with various universities and supports students with relocation and other expenses.

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Lendorse raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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