News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
by Tony Zerucha
Small business lending marketplace Lendio today announced record growth across all areas of its business, including 90 per cent year-over-year quarterly revenue growth. To date, Lendio has helped facilitate more than $900 million in financing to more than 45,000 small businesses across the U.S. and Canada through its marketplace of more than 75 small business lenders. The growth milestone comes after an 80 per cent increase in loans funded through the Lendio platform in the last year.