Lulalend
OperatingLulalend is an online lending company that provides fast and easy working capital funding to small businesses in South Africa.
- Lending
- Cape Town, South Africa
- Debt Financing
- Founded 2014
- lulalend.co.za ↗
- Total raised
- $77.5M
- disclosed
- Last round
- $21.3M
- Debt Financing
- Rounds
- 7
- since 2014
- Investors
- 12
- on record
- Employees
- 11-50
About Lulalend
Lulalend is a FinTech company with a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow. Lulalend offers small business funding of between R20 000 - R1 500 000 to businesses that have been in operation for at least 1 year and are seeing a monthly turnover of R40 000. Our online application process is fast, easy, convenient and safe. Apply via our website, get a decision and get access to funding in 24 hours.
Lulalend funding7 rounds
All 7 rounds →Lulalend has raised $77.5M across 7 disclosed rounds. The latest is a $21.3M Debt Financing announced 03 Feb 2026, led by FMO.
- $6.5MVentureVenture, $6.5M, $6.5M raised to date
- $4.7MDebt FinancingDebt Financing, $4.7M, $11.2M raised to date
- $35MSeries BSeries B, $35M, $46.2M raised to date
- $10MDebt FinancingDebt Financing, $10M, $56.2M raised to date
- $21.3MDebt FinancingDebt Financing, $21.3M, $77.5M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
Who has invested in Lulalend
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 03 Feb 2026 | Lulalend Debt Financing | FMO | $21.3M |
| 11 Nov 2025 | Lulalend Debt Financing | International Finance Corporation | $10M |
| 01 Feb 2023 | Lulalend Series B | Lightrock +5 | $35M |
| 15 Dec 2022 | Lulalend Debt Financing | Symbiotics Group | $4.7M |
| 30 Jun 2021 | Lulalend Debt Financing | Lendahand | Not disclosed |
| 26 Jun 2019 | Lulalend Venture | International Finance Corporation +1 | $6.5M |
| 06 Oct 2016 | Lulalend Venture | Accion Venture Lab +2 | Not disclosed |
Lulalend founders & team
Full team →- Trevor GoslingCEO & Co-Founder
- Neil WelmanCTO & Co-Founder
- Tom StuartChief Marketing Officer
- Garth RossiterChief Risk Officer
Lulalend competitorssame sector · similar funding
- Lipa LaterNairobi, Kenya
- 4G CapitalGrand Baie, Mauritius
More Lending startups in South Africa
- Inoxico
Inoxico utilises credit analytics and data to provide commercial credit solutions for corporates both locally and internationally. · South Africa
- Flow48
Flow48 enables SME growth by transforming future revenues into up-front capital under flexible terms. · South Africa
- Retail Capital
Retail Capital is a South African fintech company which provides funding to small and medium-sized businesses · South Africa
- Bright On Capital
Bright On Capital is a peer-to-peer online enterprise-lending platform for SMEs to raise working capital funding from lenders. · South Africa
Frequently asked about Lulalend
- Where is Lulalend based and when was it founded?
- Lulalend is headquartered in Cape Town, South Africa and was founded in 2014.
- Who founded Lulalend?
- Lulalend was founded by Trevor Gosling (CEO & Co-Founder) and Neil Welman (CTO & Co-Founder).
- Who is the CEO of Lulalend?
- Trevor Gosling is Lulalend's CEO & Co-Founder.
- How much funding has Lulalend raised?
- Lulalend has raised $77M across 7 disclosed rounds. Its latest, a $21M Debt Financing, was announced on Feb 03, 2026.
- Who has invested in Lulalend?
- Backers include FMO, International Finance Corporation, Women’s World Banking Asset Management, Triodos Investment Management and 8 others.
- What sector is Lulalend in?
- Lulalend operates in Lending.
