Pengo

A peer-to-business lending platform that allows US investors to crowd-source loans for small and medium size businesses in emerging markets

  • Stage Prototype Ready
  • Industry Financial Services
  • Location Durham, NC, USA
  • Currency USD
  • Founded January 2011
  • Employees 4
  • Website pengoloans.com

Company Summary

Pengo is an online platform that allows U.S. individuals to crowd-soure peer-to-business loans for small and medium sized businesses in emerging markets. Loans range from $10,000 - $100,000 and specifically target the "gap" in the emerging market financing structure. Microloans are too small and large banking institutions and venture capital have too strict requirements for SMEs. Increasing access to debt capital helps to grow these businesses.

Team

  • Dara Keatts
    CEO

  • Jessica Shorland
    President

  • Emmanuel Munene
    Kenya Relationship Manager

  • Simon Baumer
    CTO

Advisors

  • Kip Johnson
    Lawyer
    Unconfirmed
    Sara Bishop
    Accountant
    Unconfirmed

Previous Investors

  • Ryan Allis
    Unconfirmed
    Joe Davy
    Unconfirmed
    Dan Sutera
    Unconfirmed

Starting a startup?

Join the world's largest startup network for guidance, tools, and fundraising opportunities.

Get Started for Free