This funding round has closed
The first Fintech Lending Platform for Telcos, offering the potential for higher returns and lower risks to Investors
184% of minimum goal raised
Lead investor: Christian Kranicke |
Minimum Target £ 70,000 |
Minimum investment amount £ 5,000 |
Maximum Target £ 169,946 |
Maximum investment amount £ 169,946 |
Lenderwize is a UK based, SEIS approved, CrowdLending platform for Telcos. The founders of the company have 20 years, C-Level experience in the field. Lenderwize has identified a specific problem: mid-sized Telecom Operators that sell to big Operators must pay their vendors upfront, and wait for their clients to pay them 45 days. They have clients, suppliers, margins, but not enough capital to fund their trades. The Cash Flow Gap is a significant Opportunity Loss, which Lenderwize seeks to solve. Lenderwize has a working platform, has over £5M in requests from Borrowers, over £9M promised from Institutional Investors, and can launch via an FCA Authorized Representative.
The CrowdLending platform allows investors to view a list of companies online in which to invest. Lenderwize chooses which companies can be published, after a credit assessment, researching the company, directors and destinations that need financing. Lenderwize offers a new & low cost funding service to Telecom Wholesalers, because it crowd-sources such funds, so Lenderwize has a created a new ASSET to invest in. Based on a daily habit: phone calls. As the entry level is low, the platform is creating a new persona: a Telco Crowd Investor. The goal is to reach 1 million Lenders globally. Lenderwize is negotiating Marketing partnerships with Mobile Operators & Online Banks.
The Telecom Wholesale trading market suffers a liquidity problem because Large Operators such as Vodafone pay on 30 days, and Vendors must be paid upfront. Invoice Financing costs 3-4% per month, which is too expensive for Telecom Wholesalers (as they earn 4-6% per month on their trades) Banks offer limited financing, lacking Know How and Technologies. Because Mid-Sized Operators (targeted) are underserved by banks and undercapitalized. Specialized Funds have been launched to solve this problem, but are limited and more expensive. Companies like Bank of Telecom, are potential Partners, and we could Crowdsource funds for such company. Bank of Telecom confirms the market opportunity.
Lenderwize attracts funds online and lend to Telecom Operators, receiving 1.2 - 1.4% interest for such loans (monthly),
giving 0.6 - 0.8% interest to the CrowdLenders, earning on average 42% gross margin (monthly). The Flexible Revenue Model allows them to increase or decrease costs, revenues and margins, depending on market conditions, Risk Level, Marketing Considerations, Volumes Lent, Loan duration. The commercial credits of Telecom Wholesalers can be insured by a major global Insurance company, and their Risk Model entails sharing information, Credit Analysis. They are paid back monthly, hence the same capital is reinvested and generates compounded interest, month after month.
The CrowdLending platform allows investors to view a list of companies online in which to invest. Lenderwize chooses which companies can be published, after a credit assessment, researching the company, directors and destinations that need financing. Lenderwize offers a new & low cost funding service to Telecom Wholesalers, because it crowd-sources such funds, so Lenderwize has a created a new ASSET to invest in. Based on a daily habit: phone calls. As the entry level is low, the platform is creating a new persona: a Telco Crowd Investor. The goal is to reach 1 million Lenders globally. Lenderwize is negotiating Marketing partnerships with Mobile Operators & Online Banks.
The Telecom Wholesale trading market suffers a liquidity problem because Large Operators such as Vodafone pay on 30 days, and Vendors must be paid upfront. Invoice Financing costs 3-4% per month, which is too expensive for Telecom Wholesalers (as they earn 4-6% per month on their trades) Banks offer limited financing, lacking Know How and Technologies. Because Mid-Sized Operators (targeted) are underserved by banks and undercapitalized. Specialized Funds have been launched to solve this problem, but are limited and more expensive. Companies like Bank of Telecom, are potential Partners, and we could Crowdsource funds for such company. Bank of Telecom confirms the market opportunity.
Lenderwize attracts funds online and lend to Telecom Operators, receiving 1.2 - 1.4% interest for such loans (monthly),
giving 0.6 - 0.8% interest to the CrowdLenders, earning on average 42% gross margin (monthly). The Flexible Revenue Model allows them to increase or decrease costs, revenues and margins, depending on market conditions, Risk Level, Marketing Considerations, Volumes Lent, Loan duration. The commercial credits of Telecom Wholesalers can be insured by a major global Insurance company, and their Risk Model entails sharing information, Credit Analysis. They are paid back monthly, hence the same capital is reinvested and generates compounded interest, month after month.