Lendino Reviews 316

Reply from Lendino

Feb 16, 2026

Hi Renato

Thanks for your feedback!

We completely agree with you regarding the UI - the platform could definitely do with a redesign. Unfortunately we have limited resources in our IT department and we haven't been able to prioritise the UI for quite a while. I unfortunately don't have a timeline for a redesign. When we get around to it, we'd like to do it properly by hiring a UX specialist and redoing the entire thing.

In terms of login security with 2FA or MitID, this is something we've considered but have decided not to implement at this point in time. As all users are required to validate themselves with MitID before they can invest or pay out money to their bank account, there's very limited risk of outsiders being able to steal the money from a user's Lendino account. If an outsider should get access to someone else's Lendino account, they are only able to deposit money, invest money or withdraw money to the actual owner's bank account.
We regularly take this topic up for review, though, so we might implement 2FA or MitID-login in the future.

Thanks again for your feedback and have a great day!

Best,
Lennie from the Lendino team

Reply from Lendino

Apr 5, 2023

Hi Tomas,

Thank you for your review. Glad to hear that you like the platform.

Happy easter,
Andreas

Reply from Lendino

May 26, 2020

Hi Christian R. Houen,

Thanks for your review.

We appreciate your comments on loan origination volume and general activity on the platform.
It’s unfortunate that your realized rate of return is not as high as you personally would have expected. The risks associated with the relevant risks should be in accordance with the given return on the asset.

Regarding the comment sections we are, as we speak, programming the last bits and pieces for a new update, which integrates a more systematic flow of information for all loans facilitated on the platform.

All the best,
Andreas

Reply from Lendino

Oct 10, 2018

Hi Lesley,

Thanks a lot for your lovely review! We are happy that you find us reliable and have gotten sufficient pay back to continue investing on our platform. If you have any suggestions of things we could do better in the future, please let us know!

Have a great day!

Reply from Lendino

Jun 20, 2018

Hi Mikkel,

We are sorry to hear that you’re not satisfied with our risk analysis. It is quite unlucky that all of your loans have had problems! However, the fact that five loans have had problems does not mean that all loans will in the future. A good rule of thumb is that a loan investor should have a diversified portfolio of at least 100 loan shares. Currently our IRR (internal rate of return) based on all loans on Lendino is at 4,05 %, which means that a lender who invested in all loans will get 4,05 % in return. You can see the IRR and other statistics at https://www.lendino.dk/howitworks/statistics.

Furthermore, just because a company has gone bankrupt or is in some other way in financial trouble does not mean that you should write off your investment entirely. Most loans on the platform are covered by personal guarantees; in the event of bankruptcy our credit department collaborate with the borrower and possibly a debt collection agency to ensure that the loan is repaid (albeit possibly delayed) by these personal guarantors.

Finally the interest correlates with the risk. This risk is analysed on the basis of a lot of different factors including the strength of the personal guarantors. A company which on the paper seems to be high risk (e.g. a start-up) can therefore have a lower rating than you would normally assume due to strong personal guarantees.

If you have more questions or want to have a chat about our risk analysis or your own portfolio, feel free to contact us at 70 270 250 or at info@lendino.dk.

Reply from Lendino

Mar 26, 2018

Hi Mads

Thanks for your review. It is true that our C and C- loans have a higher risk of incurring losses. We try to set the interest at a level which reflects the risk inherent in the loan while still being competitive with the banks. Delayed loans are also charged extra interests so that the lender is compensated for the delay in payments. So far only two loans have been written off as a loss and we work with our borrowers and debt collection agencies at ensuring that delayed loans are paid off. We are still optimistic that most delayed loans - even the C and C- loans - will be paid off over time.

Feel free to contact us on info@lendino.dk or on 70 270 250 if you have questions about the delayed loans in which you’re involved.

Reply from Lendino

May 18, 2017

Hi Jes, thank you for the review. It is correct that we are no covered by the European deposit scheme. However, it is only deposits that are at risk, since the creditors will not have a claim on investments in loans as the agreements are bilateral between lender and borrowers. We expect to soon have a secure account ("sikringskonto") for the lenders money that will be protected from creditors in case of Lendino's bankruptcy.

Reply from Lendino

Mar 27, 2017

Hi Sara,

Thanks for the kind words!

We hope we can help you with financing your business another time.

Reply from Lendino

Mar 9, 2017

Hi Daniil, thank you for your comment. We are about to launch a statistics page showing the aggregate of defaults. The reason that specific defaulted loans are not visible to all investos but only those who have invested in them, is that we don't want to showcase specific defaults to all investors. The specific default is a matter between the lenders and the borrower. However, I agree that that overall statistics showing defaults should be available. They're coming up soon. Let me know if this meets your demands.

Update:

We have now launched our statistics page and you can go directly to the site here: https://www.lendino.dk/howitworks/statistics