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Lenme
Techstars '23Washington, US · Founded 2018 · 9 employees on LinkedIn · 1 known investors
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Lenme is a platform that enables passive income generation through investment opportunities.
Founders & leadership
Lenme was founded in 2018 by Mark Maurice.
Investors · 1
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us
Company profile
researched Sep 2026Lenme operates a peer-to-peer lending marketplace, available primarily as a mobile app, that connects consumers requesting small personal loans or cash advances with individual investors, lending businesses and financial institutions willing to fund them. Borrowers specify a loan amount and payback period and submit the request to the marketplace, where lenders compete with offers; funds can reach the borrower's account as soon as the same day. Applying for an account is free and is presented as not affecting the applicant's credit score.
On the lender side, Lenme provides borrower data to support underwriting decisions, including credit reports, loan history, identity verification and aggregated income and expense data drawn from the last 90 days of the borrower's primary bank account. Lenders set their own interest rates and loan sizes, with no stated investment minimums or withdrawal fees, and Lenme handles matching, funding, repayment collection and disbursement of earnings. An automation feature lets lenders define criteria once and have loans funded automatically. Alongside the consumer marketplace, the company markets an enterprise offering for financial institutions and lending businesses, and its help center documents additional features including crypto-backed loans, a Balance Guard feature for borrowers, a referral program paying up to $40, subscriptions, and Lenme Arcade, a rewards-based gaming feature.
Business model
Lenme sits between retail and institutional lenders and consumer borrowers, operating the marketplace, scoring and servicing layer rather than lending from its own balance sheet. Its help center describes subscription fees and transactions handled on the platform as the basis for payments, alongside an enterprise offering sold to financial institutions and lending businesses.
Company materials reference subscription fees and platform-handled transactions for borrowers and lenders, plus an enterprise solution aimed at financial institutions and lenders.
Traction
Company materials cite more than 3 million app downloads, more than 4 million customers, an app rating of 4.5 out of 5, over 80,000 new monthly active users, more than 80,000 loans funded, over $24 million in loans funded, and more than $1 million saved by users. Lender-facing pages describe access to over 3 million verified borrowers.
Latest developments
Recent company publishing covers passive income through lending and consumer personal-finance topics, and the product line has expanded beyond core P2P loans into crypto-backed loans, a Balance Guard feature for borrowers, automated lending for investors, and the Lenme Arcade rewards feature.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Lenme positions itself against high-cost small-dollar lending infrastructure, citing roughly 140 million Americans per year who need a small loan for unforeseen expenses and average costs to consumers of about 400% APR, and arguing that better borrower data, cheaper lender access and low-cost servicing produce lower rates.
The company emphasizes direct peer-to-peer matching without an intermediary lender, lender-set interest rates and terms, no investment minimums or withdrawal fees, same-day funding potential, no credit-check barriers to applying, and depth of borrower data made available to lenders.
Technology
The platform uses machine learning and identity verification technology to authenticate borrowers, and offers lenders a choice among three AI scoring models. It aggregates banking data, including 90 days of income and expense activity from a borrower's primary bank account, along with credit reports and loan history, and provides a proprietary "Lenme Score." Automation tooling executes matching, funding, repayment and payout based on lender-defined criteria.
Go-to-market
Distribution is primarily direct-to-consumer through a mobile app, supported by self-serve onboarding described as taking under two minutes, educational blog content, a referral program offering up to $40, in-app rewards features, and a separately marketed enterprise channel for institutional lenders.
Consumers needing small personal loans or cash advances, particularly those underserved by traditional credit channels, and individual retail investors, lending businesses and financial institutions seeking to deploy capital into small-dollar loan markets.
Geography
United States-focused, with the Techstars company profile listing locations including San Francisco, California and Washington, DC.
History
The company was founded in 2018 and appears on the Techstars job board, which lists it as a consumer lending, fintech and micro-lending company with 1-10 employees. Help center documentation dating to 2024 describes the P2P lending platform, and later feature documentation covers crypto-backed loans, Balance Guard, lender automation and Lenme Arcade.
Risks & controversies
Lenme's investor-facing disclosures state that investing involves risk including loss of principal, that past performance does not guarantee future results, that diversification and asset allocation do not guarantee a profit or eliminate loss of principal, and that any hypothetical performance shown is illustrative only.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 3
Companies working in the same space as Lenme.
In the news
▸Research sources · 8
primary sources listed
- Lenmelenme.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Lenme do?
- Lenme is a peer-to-peer lending app connecting borrowers seeking small personal loans with individual and institutional lenders.
- Who founded Lenme?
- Lenme was founded by Mark Maurice in 2018.
- Who are Lenme's investors?
- Lenme's investors include Techstars.
- Where is Lenme headquartered?
- Lenme is headquartered in Washington, US.