Lendway, Inc. (NASDAQ: LDWY) is a technology-driven marketplace lender that connects retail borrowers with institutional capital providers through an integrated digital platform. Headquartered in New York City, the company specializes in personal installment loans, consumer point-of-sale financing and small business lending across more than 40 U.S. states. By leveraging proprietary credit-scoring models, advanced data analytics and automated underwriting, Lendway aims to streamline the borrowing experience and deliver tailored financing solutions to individuals and entrepreneurs.
Originally founded in 2018, Lendway has developed an end-to-end loan origination and servicing platform that supports application processing, loan funding and repayment collection. The platform’s modular design allows third-party banks and other lending partners to integrate Lendway’s technology under white-label arrangements, while institutional investors gain access to granular portfolio reporting and risk monitoring tools. This marketplace approach has enabled the company to scale operations quickly and maintain diversified funding sources.
In 2023, Lendway transitioned to a publicly traded company via a business combination with a special purpose acquisition vehicle, listing its Class A common shares on the NASDAQ under the ticker LDWY. The capital raised through this transaction is being deployed to enhance the firm’s mobile application, expand product offerings—such as small-business invoice financing and point-of-sale lending—and enter select new regional markets. Lendway continues to prioritize technology enhancements that support faster decisioning and improve borrower engagement.
The management team is led by executives with deep experience in financial services, technology and capital markets, supported by a board of directors focused on risk governance and strategic growth. Under this leadership, Lendway seeks to capitalize on shifts in consumer and business borrowing behaviors by delivering a digitally native credit solution that balances efficient service with prudent underwriting disciplines.
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