LendUp

We build products that improve the financial health for consumers in the underbanked market.

LOCATION San Francisco, CA

COMPANY SIZE Between 100 and 250

# OF ENGINEERS Between 25 and 50

FUNDING $25M+

REMOTE WORK OK? No

EXTENDED EXERCISE WINDOW? No

TAGS Consumer Lending, Finance Technology, Big Data Analytics, YC Winter 2012

What do we do?

LendUp is a technology company that aims to lower the cost of borrowing and expand access to credit for the more than 80 million Americans that currently have limited options within the traditional banking system.

By offering online lending services via computers and smartphones, LendUp delivers safe, transparent products that help borrowers reduce costs, improve their financial literacy, and build their credit.

Why join us?

1) We care deeply about our mission to help people who most need access to money and wouldn't be able to without our products. In particular, helping people going through rough times in their life is hugely rewarding.

2) We raised a large round of funding recently and we've got great monthly and annual growth. We've now originated over 3 million loans and last year we saved our users over $55 million in interest payments and fees, up from $15 million the year before.

3) Our engineering team (44) is still small relative to the scale we operate at. We just hired our first director of engineering and you'll be joining a company with lots of traction, product market fit and you'll get a lot of responsibility.

4) Our founding team is exceptionally strong, Sasha our CEO has deep domain expertise in the financial world and Jake our CTO was the 80th engineer at Yahoo and was CTO of Zynga at just 28 years old.

Technical challenges

1) We're currently going through the process of breaking up our monolithic infrastructure and switching to using micro services. Joining now will be a good time to have input into how we do that.

2) We're rolling out new products which present novel challenges, e.g. this year we'll be shipping 100,000's of credit cards throughout the US - the first time we've done that.

3) As we continue to grow, we need to scale our infrastructure while doing some securely and reliably, as we handle sensitive financial data.

Our press coverage

http://www.huffingtonpost.com/jotaka-l-eaddy/how-lendup-is-working-to-_b_10070886.html

https://techcrunch.com/2016/08/22/the-loan-dolphin-swims-again/

https://techcrunch.com/2016/01/22/the-loan-dolphin/

Our tech stack

  • Java
  • Python
  • Spark
  • Javascript
  • PostgreSQL
  • aws

Our investors

  • Google Ventures
  • Data Collective
  • Start Fund
  • Y Combinator
  • Andreessen Horowitz
  • SV Angel
  • Kapor Capital