Mind The Tech NY 2024Lendai: Helping finance US properties for foreign investors
Mind The Tech NY 2024
Lendai: Helping finance US properties for foreign investors
Yair Benyamini
(Photo: Calcalist )
Company name: Lendai
Presenter full name: Yair Benyamini
Position: CEO
Field of business: Fintech lending and cross border real estate investment platform
Founders: Yair Benyamini, Erez Drickler
Company description: Lendai is a fintech lending platform financing US properties for foreign investors. We are disrupting an outdated trillion-dollar market by utilizing technology to level the playing field for global investors in the US residential real estate market. Lendai enables global investors to achieve their financial goals through digital solutions that create a simple, fast, and efficient online financing process. Our unique underwriting system and online platform are transforming how foreign investors access US real estate investing and financing. From locating the right property for them to establishing their US legal structure, banking, insurance, and, above all, achieving unparalleled financing.
Lendai operates in 44 US states and finances clients from five continents. The platform has financed over $50M of real estate transactions since inception and is currently at >$1M in revenue, with a 0% default rate on our loans, and a 110%+ quarterly growth for the third quarter in a row.
Year founded: 2019
Funding round: Series A
Amount raised to date: $15 million
Investors: Cardumen Capital, Meron Capital, Discount Capital, Mindset Ventures, Skywell, Recrusive Ventures
Number of employees: 25
Lendai was part of the Israeli startup squad that participated in Calcalist's Mind The Tech NY 2024 conference. Calcalist's "TeamNY" included early-stage startup companies in the fields of AI & Data, Fintech & Retail, Cyber, Media & Entertainment, Healthtech, and Greentech. The startups joined the official delegation in its journey to New York and took part in discussions at the event, presenting their companies to senior executives from the U.S. and international tech industries.
