Lendable Breaks New Ground in Impact Fund Raising
Lendable, a prominent player in providing asset-backed credit solutions to fast-growing companies worldwide, has announced a significant achievement in its fundraising efforts. On January 21, 2026, the firm confirmed the first closure of its two newly established blended finance funds: the
Lendable MSME Fintech Credit Fund 2 (LMFCF2) and the
Lendable Transportation and Energy Fund (LTEF). These funds have collectively raised over
$300 million, indicating a strong start towards their ultimate goal of exceeding
$500 million in total capital raised.
Following the launch of these two funds, Lendable’s assets under advisory are on the verge of reaching
$1 billion, marking a considerable milestone. The senior tranche of LMFCF2 has already secured a credit rating, which underscores Lendable's solid track record and disciplined credit strategy.
A notable contributor to this fundraising success is the
International Finance Corporation (IFC) of the World Bank, which has committed
$86 million towards both funds. Other investors include an American public financial institution and leading international development finance institutions, along with family offices and foundations.
These initiatives illustrate Lendable's mission to support high-performing, tech-driven enterprises that facilitate inclusive and sustainable growth in both developed and emerging markets. The LMFCF2 fund is tailored to provide asset-based capital to next-generation financial service firms that leverage Lendable's technology and data in expanding financial access to underserved populations. Conversely, the LTEF is focused on rapidly growing small and medium-sized enterprises (SMEs) and mid-market companies that innovate in sustainable technologies across various economic sectors, encompassing electric mobility, renewable energy, and resilient agriculture.
As growth markets are projected to account for nearly two-thirds of global economic growth by
2035 (according to SP Global), Lendable aims to unlock this potential by supporting enterprises positioned to be the backbone of the financial services, energy, and transportation sectors. Leveraging its bespoke technology and data-driven platform, Lendable enables global growth companies to scale more effectively while adhering to borrower discipline and maintaining quality standards, backed by tech-driven structuring, ongoing monitoring, and proprietary insights from its Maestro risk engine.
Chris Wehbe, CEO of Lendable, commented on this achievement: "These funds represent a milestone in our industry and demonstrate that impact scaling can coexist with commercial rigor. They validate our mission and hypothesis that proprietary data and institutional-quality systems can yield consistent returns and drive tangible impact. We are grateful for the trust placed in us by leading global institutions and look forward to deploying this capital to firms delivering both financial returns and meaningful impact."
Daniel Goldfarb, co-founder and Executive Chair of Lendable, added, "Our goal is to unlock billions of dollars for high-impact asset classes without sacrificing returns. These funds take us a step closer to enabling firms that transform access to finance, energy, and essential services for millions."
Mohamed Gouled, Vice President of Industries at IFC, expressed support for Lendable’s dual focus on access to finance and sustainability through their investments in these new funds. "Our partnership reflects our shared commitment to empowering the next generation of tech-based companies that blend commercial success with sustainability and meaningful impact on jobs and growth in emerging economies."
Lendable appreciates the participation of both new and existing DFI partners in these funds. For LMFCF2, participants include British International Investment (BII), the Belgian Investment Company for Developing Countries (BIO), the Dutch Development Finance Company (FMO), FinDev Canada, Proparco, and Deutsche Investitions-und Entwicklungsgesellschaft (DEG). For the LTEF, contributors include the Netherlands' Development Finance Company (FMO) and the Swiss Investment Funds for Emerging Markets (SIFEM).
For further information, please contact:
- - Lauren Callie: +27 82 894 5581
- - Alastair Crabbe: +44 (0) 778 5268 282
About Lendable
Lendable is a tech-driven impact fund advisor that offers asset-backed lending to high-growth companies in emerging markets worldwide. Their data-driven approach to underwriting, structuring, verification, and monitoring enables them to manage risks alongside market expansion, while collaborating with borrowers as they scale to provide meaningful social and environmental impacts.
Operating across various sectors, Lendable specializes in consumer and MSME credit, financing for production assets, payment solutions, remittances, digital ecosystems, and green energy initiatives. With nearly a decade of strong fund performance and assets under advisory approaching
$1 billion after launching its latest two funds, Lendable supports sustainable industry development in
21 countries across Latin America, Africa, and Asia. They are headquartered in London, with expanded operations in Nairobi, Johannesburg, and Singapore. Check their website at
lendable.io.