Competitors
50
Go Back
Lenme: Investing and Borrowing
play.google.comSummary
Lenme is a mobile application that facilitates peer-to-peer lending and borrowing. It allows users to request loans and investors to fund those loans, with features like increasing loan limits for borrowers and earning passive income for investors. It also offers crypto-backed loans.
Feature Matches0/12
See all0/12
No common features found
PricingSubscription
See allSubscription
Lenme App Subscription
$1.99 monthly
- No credit score required for loans
- No debt-to-income ratio check for loans
- No paperwork hassle for loans
- Create borrower profile and request loan in minutes
- Thousands of investors compete to offer best rates
- Power to choose loan offers
- Get funds transferred to bank account same day
- Loan limit eligibility increases with repayment, up to $5,000 (for borrowers)
- Diversify portfolio in a market with low volatility (for investors)
- Easily select investments based on risk level (for investors)
- Withdraw earnings at no cost (for investors)
- Investment assistance with Lenme predict service (for investors)
- Invest in almost risk-free loans backed by Crypto as Collateral (for investors)
- Borrow up to $10,000 using Crypto-Wallet as collateral (for borrowers)
- Investors can earn up to $1,700 when funding crypto-backed loans
Rationale
Lenme is a lending platform that connects borrowers with investors. It does not offer instant P2P transfers, prepaid debit cards, early direct deposit, stock trading, or bitcoin trading, which are the core must-have features of Cash App. While it involves financial transactions, its model is entirely different, focusing on loans and investments in loans rather than a comprehensive mobile banking and payment solution.
Found via SearchPaid
See allbest alternatives to competitor product 2024
competitor vs alternative comparison honest review
GossipPaid
See allBest alternatives to [Product] in 2024?
Reddit·tech_enthusiast·2d ago·+142
I've been using Alternative A for 6 months now and it's been fantastic. The pricing is much better and the features are actually more robust than what [Product] offers.
Show HN: We built a better [Product]
Hacker News·startup_founder·5d ago·+89
After struggling with [Product]'s limitations, we decided to build our own solution.
It handles edge cases much better and the API is actually documented properly.
Check it out at our site.
[Product] vs Competitor B - which one should I choose?
Reddit·confused_buyer·Oct 14·+67
Honestly, after trying both, Competitor B wins hands down. Better customer support, cleaner interface, and they don't nickel and dime you for every feature.
Why we migrated away from [Product]
Hacker News·cto_mike·Oct 11·+234
The breaking point was when they changed their API without notice. We lost 3 days of productivity. Solution C has been rock solid for us since we switched.