Lendi

Office address: Level 28, 225 George Street, Sydney, 2000
Website: www.lendi.com.au
Year established: 2013
Company type: financial services
Employees: 400+
Expertise: digital mortgage platform, home loan comparison, real-time approval technology, lender integration, financial transparency
Parent company: Lendi Group
CEO and key people: David Hyman, CEO
Financing status: formerly VC-backed

Lendi is a leading fintech in the Australian mortgage industry, a recognised premier home loan platform in the country. It offers over 2,500 home loan options from over 25 lenders providing a streamlined online solution for Australians to compare, apply, and secure home loans with ease and efficiency.

History of Lendi

In 2013, David Hyman, Sebastian Watkins, Martin Lam and Mark Kalajzich got together to set up a new platform to make the lending process easier for borrowers, lenders, and brokers. With nothing more than a shared office, a sheet of paper, and a few years’ small business experience between them, the group set up Lendi. It would eventually transform the Australian home loan market by providing customers with greater choice, transparency, and convenience.

Lendi merged with the country’s largest retail network, Aussie, in 2021. This new entity became known as the Lendi Group, now Australia’s top lending platform. Lendi Group has a network of over 1,300 brokers and a loan book of over $80 billion.

Products and Services of Lendi

Lendi's offerings are diverse, including but not limited to:

  • a platform for comparing home loans from over 30 lenders, ensuring a match that suits individual financial needs
  • the Approval Confidence™ technology, an industry-first that assesses borrowers' credit profiles and offers real-time approval likelihood without affecting credit scores 

Culture at Lendi

At Lendi Group, the culture is defined by a community-driven ethos, embracing diversity, innovation, and flexibility. The organisation values proactive problem-solving and creative thinking, encouraging a workforce that seeks to simplify and improve the mortgage lending process.

A “Flex First” approach underpins their operational model, promoting work-life balance by supporting remote work across Australia.

Diversity and inclusion are core principles, with initiatives supporting various communities, including LGBTQ and parental support networks. Employee well-being is prioritized with a comprehensive range of perks and benefits.

About Lendi CEO David Hyman

David Hyman, a serial entrepreneur with extensive experience in corporate strategy, technology, and operational excellence, co-founded Lendi in 2013. His vision was to disrupt the mortgage market through technological innovation.

Today, as CEO of Lendi Group, he oversees a leading network of home loan distribution, boasting a significant loan book and a broad retail footprint under the Lendi, Aussie, and Domain Home Loans brands.

The Future at Lendi

Lendi is committed to revolutionising the home loan market and customer experience within Australia. The company's innovation, such as the Approval Confidence™ technology, exemplifies its forward-thinking approach and dedication to improving the mortgage acquisition experience for Australians.

As it continues to evolve, Lendi remains focused on leveraging technology to simplify the home loan process. The end goal is to make the mortgage experience more accessible and transparent for all Australians.

Refinancing opportunities on the up as rates come down

Now that the long-anticipated interest rate cut is here and another likely, there’s never been a better time for brokers to cut their commercial clients a sharper deal

New home loans up 18% in December quarter

Owner-occupier loans remain the majority of new lending

Built for brokers, backed by brokers

Non-bank lender ORDE Financial had a crystal-clear vision from the outset, built on substantial industry knowledge and experience

Loan Market Group overhauls broker portal with MyCRM Diversified launch

Innovative system rolls residential, commercial, asset finance into one

Suncorp Bank announces key appointment

Mortgage veteran named new head of home lending product

Mortgage over marriage: More couples prioritise homeownership

Rising housing costs are driving more Australians to invest in property before tying the knot

Mortgage brokers ramp up calls for fairer clawback policies

Brokers losing thousands a year to restrictive banking clauses

OnDeck Australia sees spike in broker-originated small business loans

Broker-generated loan volumes jump 246% year-on-year in November

Bendigo Bank cuts variable home loan rates

Rate reduction follows RBA's recent rate cut

MA Money loan book grows to $2.1 billion

Non-bank lender sees improved net interest margins in second half