Lendio is a mobile application using Blockchain technology to power a lending platform for funding of all kinds of financial needs. Everyone has different degree of urgency when it comes to needing money, and Lendio is a application that distinguishes itself with other lending-based platforms with the fact that users on Lendio will be able to manually select how much interest they want to pay back after they are lent some money. For example, someone who is very urgently in need of money might offer to pay 20% interest while someone less urgent may only offer a 5% interest. This gives funders another layer of choice when choosing who to lend your money to. You can offer money for a project or cause you believe in, or you can even lend money solely based on the interest you will be getting back.
