Lulalend

Businessfiled

Lulalend operates in Fintech, based in Africa. SA fintech startup Lulalend raises $6.5m Series A funding round 0 By Tom Jackson on June 26, 2019 News , Southern Africa South African startup Lulalend, an online automated provider of short-term funding for small and medium enterprises (SMEs), has raised Series A funding of US$6.5 million to help it scale. Founded in 2014 by Trevor Gosling and Neil Welman, Lulalend utilises proprietary credit scoring technology to enable it to provide quick decisions, fast funding, and transparent pricing to SMEs.

Sub-sector tags: fintech.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Lulalend has raised $6.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $6.5M on 2019-06-26.

Most recent recorded round closed around 2019-06-26.

Valuation (modeled)modeled

Provath models Lulalend at approximately $186M (range $8.5M–$1.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.30× the median modeled value of Series A Fintech companies in 2019–2021 (31 peers) — value vs value, same stage and era. Within the normal band (130% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 7.0 yr ago; this sector typically re-raises about every 12 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 86% of Fintech peers (1063 compared).

Modeled value ranks above 93% of those peers.

Closest niche peers: Tesorio, Inc., Imprint Payments, Inc., Otis Wealth, Inc., Aella Credit, Oxygen, Inc..

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.