Lendable Nears $1 Billion AUA With New Impact Funds, Targets $500 Million Raise and Investment-Grade Scale

New updates have been reported about Lendable.

Lendable has secured more than US$300 million at first close for two new blended-finance vehicles, putting the London-based impact fund advisor on track to raise over US$500 million and lifting its assets under advisory to nearly US$1 billion. The new funds—the Lendable MSME Fintech Credit Fund 2 (LMFCF2) and the Lendable Transportation and Energy Fund (LTEF)—expand the firm’s capacity to provide asset-backed credit to high-growth companies across emerging markets, with LMFCF2’s senior tranche attaining a rare investment‑grade rating that reinforces Lendable’s risk controls and institutional credibility. The International Finance Corporation has committed US$86 million across the two funds, alongside a US publicly owned financial institution and a syndicate of major development finance institutions, family offices and foundations, underscoring growing institutional demand for Lendable’s strategy and validating its underwriting and data-led portfolio management approach.

Strategically, LMFCF2 extends Lendable’s core franchise in fintech and inclusive finance by supplying structured debt to next‑generation financial services providers focused on underserved consumers and MSMEs, while LTEF pushes the platform deeper into energy transition and sustainable infrastructure by backing SMEs and mid‑market firms in sectors such as electric and efficient mobility, renewable energy and climate-resilient agriculture. Management positions these vehicles as proof that impact and commercial performance can be scaled together, citing nearly a decade of fund performance and a proprietary technology stack— including its Maestro risk engine—for structuring, surveillance and collateral monitoring across 21 countries in Latin America, Africa and Asia. IFC framed its participation as a bet on Lendable’s dual focus on access to finance and sustainability, and the broad DFI lineup—spanning British International Investment, BIO, FMO, FinDev Canada, Proparco, DEG and SIFEM—signals continued multilateral backing for Lendable’s model. With emerging markets projected to account for about two‑thirds of global growth through 2035, this raise materially increases Lendable’s firepower to originate, scale and recycle high‑impact credit exposures, positioning the firm as a more influential capital provider to tech-enabled financial, energy and mobility platforms in growth markets.