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Lenk

W22
18 people|Active|Website
FintechB2B
76°Major Pivot
Before

Get instant access to cash before selling your home in Latam.

After

The next-gen lending platform for the banking system in LATAM.

Full description — before

Philippo is building the first proptech platform in Latam that provides liquidity to home equity. In Latam, ~40% of homebuyers need to sell their current property in order to afford their new home. Buying and selling at the same time can be overwhelming. By implementing a Sale and Leaseback transaction, Philippo enables homeowners to access their home equity before selling their property on the market, avoiding price discounts and eliminating the pain of moving twice and/or losing their dream home.

Full description — after

Lenk empowers financial institutions in Latin America with advanced loan origination solutions. Our platform optimizes the entire loan lifecycle, from lead acquisition to disbursement, leveraging automation and AI to enhance efficiency and improve digital experiences. Lenk enables institutions to streamline complex tasks, ensuring compliance and agility while boosting productivity and customer satisfaction.

Category shift
Global Payments & CryptoDigital Lending & Banking
Summary

The company shifted from a proptech platform providing sale-leaseback liquidity solutions for homeowners to a B2B SaaS platform delivering loan origination automation for banks. This is a fundamental pivot in both product and target market, with no direct connection between unlocking home equity for consumers and powering banking loan operations.

Detected 9 months ago · 2025-06-12