[1] The international online marketplace for business and consumer lending[2] was founded in December 2013[3] by the incubator and venture capitalist, Rocket Internet.

[6] Using the crowdfunding model, the company based in Berlin, Germany,[7] directly connects investors and private and business borrowers.

During the first 20 months, the company established itself in Austria,[11] Brazil,[12] the Netherlands,[13] Poland, Spain[14] and South Africa,[15] replicating the expansion plan usually used by its creator, Rocket Internet.

[18] Lendico operates completely online with no branch network and relies on proprietary technology to reduce costs and optimize the handling of loan applications.

[19] In August 2015 Deutsche Börse Venture Network selected Lendico to become member of its programme of growth companies and national and international investors.