Lendi (exited May-21)

About

Lendi is a fast-growing fintech company disrupting the multi-billion-dollar mortgage industry. The business was founded in 2013 by David Hyman, Sebastian Watkins, Martin Lam and Mark Kalajzich. It is headquartered in Sydney, Australia. 

Investment exit

In December 2020 Lendi announced that it had agreed to merge with Aussie Home Loans. As part of the merger, Bailador sold its investment in Lendi to existing Lendi shareholders and realised $13m in cash. 

Click here for an overview of our investment in Lendi. 

Key locations

Sydney (HQ); Australia.

Bailador Investment Team managers

• James Johnstone
• Paul Wilson