#None #Energy Fund #Lendable #MSME Fintech

Lendable's Innovative Approach to Impact Fundraising

In a significant development in the realm of impact fundraising, Lendable has announced the first closing of its two new mixed financing funds: the Lendable MSME Fintech Credit Fund 2 (LMFCF2) and the Lendable Transportation and Energy Fund (LTEF). With these initiatives, Lendable has raised more than $300 million and is poised to achieve total funding exceeding $500 million. This milestone not only signifies the firm’s substantial influence in the market but also brings its advisory assets close to the remarkable figure of $1 billion.

Shaping the Future of Financial Services

The senior tranche of LMFCF2 has successfully achieved an investment-grade rating, which highlights Lendable's steadfast commitment to disciplined credit policies and strong track record. Major investments include $86 million from the International Finance Corporation (IFC), alongside backing from various notable investors including a U.S. public finance institution and leading international development finance institutions, family-owned enterprises, and foundations.

These two funds align directly with Lendable’s mission to assist technology-driven companies that foster inclusive and sustainable growth in both established and emerging markets. The LMFCF2 is designed to provide asset-backed capital to next-generation financial service companies leveraging Lendable’s unique technology and data to enhance financial access for underserved communities. Meanwhile, the LTEF focuses on rapidly growing small to medium-sized enterprises (SMEs and MEs) that promote the adoption of sustainable technologies across various sectors, including energy-efficient mobility, renewable energy, and resilient agriculture.

Capitalizing on Growth Markets

As growth markets are projected to account for nearly two-thirds of global economic growth leading to 2035, as reported by SP Global, Lendable plays a pivotal role in harnessing this potential. The firm supports businesses that are essential for the backbone of financial services, energy, and transportation. Utilizing its bespoke technology and data platform, Lendable enables these global growth companies to scale swiftly while maintaining borrower discipline and high credit quality, reinforced by its technology-based structuring, ongoing monitoring, and proprietary insights from its Maestro risk engine.

Chris Wehbe, CEO of Lendable, shared, “These funds represent a landmark in our sector and demonstrate that it is possible to amplify impact with commercial rigor. They validate our mission and hypothesis that proprietary data and institutional quality systems can deliver consistent returns along with positive impact. We are grateful for the trust shown by leading global institutions and look forward to investing this capital in businesses that generate financial returns and tangible impact.”

In addition, co-founder and chairman Daniel Goldfarb added, “Our aim is to release billions of dollars into impactful asset classes without compromising returns. These funds bring us a step closer to achieving that goal and allow us to support businesses that transform access to finance, energy, and essential services for millions.”

The IFC’s vice president for the industry, Mohamed Gouled, commented, “We are excited to support Lendable's dual focus on financial access and sustainability through our investments in these new funds. Our partnership reflects our shared commitment to empowering the next generation of tech-driven firms that unify commercial success, sustainability, and significant impacts on employment and growth in emerging economies.”

Collaborative Efforts and Global Reach

Lendable expresses appreciation for the involvement of both new and existing DFI partners in its latest funds. Partners in LMFCF2 include the British International Investment (BII), Belgium’s development investment company (BIO), the Netherlands Development Finance Company (FMO), FinDev Canada, Proparco, and Deutsche Investitions und Entwicklungsgesellschaft (DEG). Participants in the LTEF fund consisted of the Netherlands Development Finance Company (FMO) and the Swiss Investment Fund for Emerging Markets (SIFEM), among others.

With nearly a decade of robust fund performance, Lendable has emerged as a key player in the financing landscape in 21 countries throughout Latin America, Africa, and Asia. Lendable operates out of London and continues to expand its reach with offices in Nairobi, Johannesburg, and Singapore. For more information, visit lendable.io.

Disclaimer: This press release is for informational purposes only and should not be construed as an offer to sell or a solicitation of an offer to buy securities, nor should it form the basis of or be relied upon in connection with investment decisions.