Lenmo Inc.

Lending platform for financial institutions, businesses, and individuals to invest in the small amount loan marketLenmo is a lending platform that facilitates lending by connecting people looking to borrow money with financial institutions, lending businesses, and individual lenders. Lenmo addresses two huge gaps in the market - limited options for small amount borrowing and limited short-term investing options that offer high returns.

$2,500- $4,999: $100 In Lenmo Credit to invest in our platform.
$5,000- $9,999: $200 in Lenmo Credit to invest in our platform.
$10,000- $49,999: $500 in Lenmo Credit to invest in our platform.
50,000+: $1,500 in Lenmo Credit to invest in our platform + Invitation to a private founder dinner.
VIP Experience Lenmon: Invest more than $100,000 and receive a $5,000 in Lenmo Credit to invest in our platform + Invitation to a private founder dinner+ In-person meeting or video call with Lenmo's executive team

Over $1.2mm of loans originated across 5,000 loans on the platform
More than 40 businesses signed up and 75 currently pipelined for a demo in our enterprise platform
Lenmo has more than 90,000 registered users with an average of 60% monthly growth including over 3,900 active investors
Service Agreements with major credit bureau Transunion and other partners such as Dwolla for ACH transfers and Yodlee for data aggregation
Featured by Apple in the "New Apps We Love" section of the App Store just three months after launch

Administration Costs, Legal Services, Salaries, Data Partnerships, Marketing Costs, Software and Services, Unspecified

Mark Maurice
Founder, CEO
Mark is focused on strategic planning and execution for Lenmo. Mark has over 10 years of business development and business management experience in several industries, including start-ups, across several regions in Africa, Europe, and North America. Mark holds an undergraduate degree in Engineering, an MBA from London, and he is currently a Business Administration and Management PhD candidate.

John Hakim
Co-founder, CTO
John leads the engineering and operations teams. In this role, he is responsible for managing the development of the Lenmo app. John also oversees the planning and evolution of the product roadmap which includes feedback from all cross-functional teams. John has an Engineering degree and has been a Lead Engineer at Motorola for the last 9 years working on high-profile software projects in both the Middle East and North America.

Kyo Kim
Co-founder, Head of Design
Lenmo's design lead Kyo, has been a driving force behind the platform's success. With the goal of designing an award-winning user experience, he was essential in getting Apple's attention who was quick to feature Lenmo in the "Apps We Love" section of the App Store shortly after launch. Kyo's work experience, which includes designing for Lyft and Capital One has been instrumental from the branding of the company to the seamless app experience.

Round type: Seed Round size: US $3,000,000 Minimum investment: US $1,000 Target Minimum: US $700,000 Security Type: Preferred Equity Share price: US $0.80304 Pre-money valuation: US $10,000,000 Option pool: 12.0% Liquidation preference: 1.0x Investment Proxy Agreement: Investors who invest $50,000 or less will be subject to an Investment Proxy Agreement (“IPA”). The IPA will authorize an investment Manager to act as representative for each non-Major Purchaser and take certain actions for their benefit and on their behalf. Please see a copy of the IPA included with Company's offering materials for additional details. Closing conditions: While Lenmo Inc. has set an overall target minimum of US $700,000 for the round, Lenmo Inc. must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to Lenmo Inc.'s Form C. Regulation CF cap: While Lenmo Inc. is offering up to US $3,000,000 worth of securities in its Seed, only up to US $1,070,000 of that amount may be raised through Regulation CF. Transfer restrictions: Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available. Raised to date: US $102,501 US $2,501 (under Reg CF only)