Plend
United Kingdom · Fintech
Plend provides UK consumer loans using open banking data and its own affordability assessment to reach borrowers underserved by conventional credit models.
Lending based on affordability
Plend is a London-based consumer lender founded in 2020. It uses open banking data and its proprietary PLEND Score to assess how applicants manage their finances and what repayments they can afford.
Its loans serve borrowers who may be overlooked by mainstream lenders, including people seeking to consolidate more expensive commitments into one repayment plan. Customers share bank information with their consent as part of the application.
Funding the loan book
Plend uses institutional credit facilities to finance originations. In July 2026, Triple Point provided a £20 million senior revolving facility with a potential £30 million uncommitted expansion.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Senior revolving credit facility | £20M | Triple Point — Lead |