Lenda Secures $5.3 Million

Fintech startup Lenda announced it has raised $5.3 million in Series A financing, led by SF Capital Group. CreditEase and Rubicon Venture Capital also participated.

Lenda allows homeowners to complete home loans online from start to finish quickly, efficiently and securely. At Lenda.com, customers can find out if they are pre-approved and get accurate, real-time mortgage rate quotes. Lenda’s industry-experienced home loan advisors support customers through the loan process and provide advice, guidance, and reassurance for an honest, seamless experience.

According to the company, Lenda will use the new funding to fill key management positions, expand its reach to additional states, and increase its investment in the company’s software platform.