LendEDU
LendEDU, based in Hoboken, NJ, is an educational platform offering a marketplace for consumer financial products and resources to aid financial decision-making.
Services
LendEDU primarily offers a marketplace for consumer financial products. It provides comprehensive educational resources designed to help consumers navigate through important financial decisions. The company features over 2,000 resources that cover various financial topics including student loans, personal loans, home equity, insurance, credit cards, auto loans, and overall personal finance. In addition, LendEDU operates a blog that covers these same categories in detail.
History
LendEDU was founded in 2014 and is headquartered in Hoboken, NJ, USA. The company participated in the Winter 2016 batch of Y Combinator, a notable startup accelerator program. It has received seed funding from Built By Iowa, the Iowa Startup Accelerator Fund, and other investors. Over the years, LendEDU has gained traction and has been featured in prominent media outlets such as The Wall Street Journal, New York Times, and Forbes. Although based in Hoboken, LendEDU also lists an office location at 101 North Tryon Street, Suite 600, Charlotte, NC 28246.
Industry and Sub-industry
LendEDU operates within the education industry, with a particular focus on financial education. It provides resources aimed at assisting consumers in making informed financial decisions. By offering tools to compare student loans, personal loans, home equity, insurance, credit cards, auto loans, and personal finance options, LendEDU aims to educate and empower consumers throughout their financial journeys.
Team Size and Locations
LendEDU has a team size of 10 employees. The company is headquartered in Hoboken, NJ, USA, with an additional listed location at 101 North Tryon Street, Suite 600, Charlotte, NC 28246. Despite its relatively small team, LendEDU serves a wide regional market that includes the United States and Canada.
Financial Products and Tools
LendEDU offers a variety of tools and resources to help consumers compare financial products. This includes comparisons for student loans, personal loans, home equity, insurance, credit cards, auto loans, and other personal finance categories. The company's services emphasize a three-step process: Inform Yourself, Compare Options, and Make a Decision. Additionally, the 'Editor's Choice' section on their platform highlights top financial products in various categories, providing curated recommendations for users.