VeendHQ
Offers an array of loans, lending, repayment, credit infrastructure, debt recovery, consulting, and financial services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
* | $120k Valuation: $1.7m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 88 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Veend is a financial technology company that provides fast online loans to individuals and businesses in Nigeria. Operating in the digital lending market, Veend offers a range of financial products including instant loans, Buy Now Pay Later solutions, and energy finance options. The company serves clients with verifiable income, offering them seamless and on-demand access to funds without the need for collateral. Veend's business model revolves around providing quick and flexible financial solutions, making money through interest rates and fees associated with their loan products. The company also runs an agent referral program, allowing individuals to earn commissions by referring new customers. Veend's mission is to empower lives through financial access, ensuring that clients can meet their urgent financial needs efficiently.
Keywords: online loans, instant approval, flexible repayment, competitive rates, Buy Now Pay Later, energy finance, digital lending, financial technology, agent referral program, Nigeria.