LenDenClub, a peer-to-peer (P2P) lending startup, is poised for significant revenue growth in the current financial year after achieving profitability in FY25. The company’s revenue is expected to reach between ₹330 Cr to ₹350 Cr, marking nearly 50% year-over-year growth. This positive outlook follows LenDenClub’s return to profitability, reporting a net profit of ₹28.6 Cr in FY25, a notable turnaround from a ₹10.6 Cr net loss in FY24.
Despite challenges stemming from regulatory changes by the RBI affecting P2P lending, LenDenClub has demonstrated resilience. The startup’s revenue sources are diversified, with around half coming from its LSP business and 40% from its P2P operations. Operating revenue in FY25 increased by almost 28% to ₹227 Cr, reflecting the company’s growth trajectory.
LenDenClub’s CEO highlighted the company’s cost management strategies, emphasizing that operational costs are not escalating at the same rate as business growth due to economies of scale. The startup’s revenue streams include commission charges, registration fees, and loan processing fees, contributing to its financial stability.
With a focus on enhancing EBITDA margins as they scale further, LenDenClub’s growth story underscores the evolving landscape of P2P lending technology. The company’s ability to navigate challenges and achieve sustainable growth positions it as a key player in the fintech sector.
Source: Inc42 Media