On March 10, 2022, Lendable, an AI-driven consumer finance platform, secured a CAD 359 milllion (GBP 210 million) investment, valuing the company at over CAD 6 billion (GBP 3.5 billion). This funding was spearheaded by the Ontario Teachers' Pension Plan Board via its Teachers' Innovation Platform, which invests in technologically innovative companies at the later stages. Since its inception in 2014, Lendable has been committed to improving consumer finance for a vast customer base through advanced AI and automation, which has enhanced underwriting processes and delivered superior rates and transparency. The company caters to institutional investors, providing them with access to consumer credit, a market with a potential size of nearly CAD 4.2 trillion ($3 trillion) in the UK and US alone. The new capital will bolster Lendable's product development and fuel its international expansion plans. Martin Kissinger, the CEO, expressed enthusiasm for the partnership with TIP, emphasizing Lendable's core values of transparency and fairness in consumer finance, values that have been met with positive customer feedback. Olivia Steedman of TIP commented on the company's innovative AI-powered products and expressed eagerness to support Lendable's vision and growth trajectory.