The people
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Working at Lendful
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On the TechVancouver stage
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About
Founded by Alex Benjamin around 2015, Lendful was a fintech marketplace lender giving Canadians unsecured personal credit online. Backed by a roughly $15M investment from Ontario credit union Alterna Savings among others, it operated out of Toronto with offices in Vancouver and Montreal. Peoples Group (Peoples Trust) acquired the business in 2018.
Backers
Alterna Savings (~$15M reported) plus early equity and a credit facility
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Quick answers
What did Lendful do?
It was a Canadian online lender that offered unsecured personal loans and credit to consumers over the web.
What happened to Lendful?
Peoples Group (Peoples Trust) acquired the business in 2018.