Blender
A global fintech company that provides innovative credit and financing solutions to tens of thousands of customers, according to their preferences and needs.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | N/A | IPO | |
| Total Funding | 000k | ||
| ILS | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 100 % | 125 % | 11 % | 20 % | 100 % | (6 %) | 2 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (250 %) | (111 %) | (240 %) | (175 %) | (71 %) | (71 %) | (62 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Blender Financial Technologies operates as a global fintech firm specializing in consumer credit, having evolved from a peer-to-peer (P2P) lending platform. Founded in 2014 by CEO Dr. Gal Aviv, Boaz Aviv, and Barak Gur, the company is headquartered in Ramat Gan, Israel, and is publicly traded on the Tel Aviv Stock Exchange. The founders brought diverse expertise to the venture: Gal Aviv has a Ph.D. in Physics and a background in entrepreneurship, Boaz Aviv holds an MSc in Computer Science, and Barak Gur has an MSc in Physics with a specialization in Complex Systems.
The company's core business is providing a cloud-based, e-lending platform that digitizes the entire loan process for credit organizations, from marketing to collection. This platform enables financial institutions to launch online lending products and services, serving both B2C and B2B2C markets through point-of-sale financing. Blender's technology leverages big data, machine learning, and data mining to perform rapid credit risk assessments, providing decisions within seconds. This system analyzes various data points, including financial parameters, credit history, and socio-demographic information, to personalize underwriting and determine competitive interest rates based on the borrower's probability of default. The platform is designed to be compatible with different markets, cultures, and languages, and is currently active in Israel, Italy, and Central Europe.
Blender's product offerings are diverse, including car loans, cash loans, medical loans, and Buy Now, Pay Later (BNPL) services. The company also provides white-label solutions, allowing banks and other financial institutions to use its technology under their own brand. A significant milestone for the company was raising $22 million in a Series B funding round in July 2019, led by Asia Plus Group Holdings. Over its history, Blender has raised a total of $38 million across four funding rounds.
Keywords: consumer credit, fintech, e-lending platform, peer-to-peer lending, financial technology, risk assessment, big data analytics, machine learning, underwriting, point-of-sale financing, BNPL, white-label solutions, digital lending, credit risk management, online loans, personal loans, car finance, loan origination, Blender Financial Technologies