Consumer fintech Lendable has always operated differently, focusing on growth through strategic expansion rather than merely following trends. The company recently raised £765 million from investors including SoftBank and General Atlantic, bringing its valuation to £5.1 billion. Despite reporting a pre-tax loss of £371 million against £310 million in revenue, Lendable continues to push forward with its superapp ambitions.

CEO Victor Maliar emphasized that the firm is more constrained by capacity than ideas, highlighting plans to expand beyond lending into areas like insurance and wealth management. The strategy involves building a full-stack financial services platform similar to models seen in Asia.

Lendable’s approach includes investing heavily in technology and talent, aiming to offer a range of products under one umbrella. With over 4,007 employees, the company is scaling rapidly to support its vision. Maliar noted that regulatory hurdles and competition remain challenges, but the long-term goal is clear: become a dominant player in the European fintech landscape through diversification and innovation.

The firm’s ability to attract major backing signals confidence in its trajectory, even as it navigates complex market conditions.