LendSum

LendSum is a B2B fintech software provider that develops end-to-end lending platforms for financial institutions operating in emerging markets. Founded in 2013 by Erno Palla and Alex Thiriez, the company is headquartered in Madrid, Spain, with technology partnerships established across multiple countries including the United States, Mexico, the Philippines, and Indonesia. LendSum operates as a Software-as-a-Service platform specializing in consumer lending, auto lending, and bill financing solutions. The company's core product is a proprietary modular lending platform built around data capture, organization, and analytics capabilities. The platform leverages alternative data sources including social media, psychometric assessments, website usage patterns, and traditional credit bureau information to enable financial institutions to improve customer acquisition, fraud detection, risk management, and collections processes. LendSum's technology is designed to support both low-touch and no-touch lending operations while allowing clients to customize loan parameters and manage the entire lending value chain. In Mexico, LendSum has served as the technology backbone for Kekipo, a digital lending platform that has used LendSum's software to introduce term loans with longer tenors and larger loan amounts to a market historically dominated by short-term payday lenders offering 15-30 day repayment schedules. LendSum's platform integrates credit evaluation, fraud detection, customer onboarding, collections management, and operational efficiency tools. The company operates on a revenue-sharing model where fees are tied to client performance. While LendSum itself is not a direct lender, it provides the technological infrastructure that enables financial institutions to operate lending businesses more effectively in underbanked markets.