Lendove solves two problems. Short-term borrowers in the United States pay an average of over 500% interest on small loans and investors in the stock market see an average annual return of only 9%.
Lendove is a mobile application that connects users looking to borrow or invest $20-$500 with 5%-20% interest paid back within 1-4 weeks. Borrowers are no longer trapped by predatory lending and investors no longer have to wait years to receive 9%.