Lendable Adds Recurring Payments, Works with TrueLayer

November 28, 2023 @ 9:20 am By JD Alois

Lendable has added recurring payments to its platform by leveraging the services of TrueLayer, according to a company statement.

TrueLayer is an Open Banking provider and Lendable providers loans to consumers. TrueLayer said the new service was incorporated as Lendable leveraged its Account Information Services (AIS) and Variable Recurring Payments (VRP) products into Lendable’s ecosystem. Consumers are starting to expect services like scheduled payments so the feature makes sense for Lendable.

Lendable currently offers loans, credit cards, and auto financing.

Mariko Beising, VP of Financial Services & Partnerships at TrueLayer, said a personal loan shouldn’t be a long and involved process. Individuals expect rapid decisions and flexible payments. As consumer debt is on the rise, services like these can help users navigate their financial life effectively.

TrueLayer is currently active in 21 countries serving over 10 million users.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 4, 2026 vs Jan 1, 2025 - Nov 4, 2025

Number of Filings134Prior 129 +3.9%

Target Raise, Total$3.45BPrior $3.59B -3.8%

	This YTD	Year prior	Change
Filings	134	129	+3.9%
Target raise	$3.45B	$3.59B	-3.8%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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