Lantern is the place to go for borrowing money using crypto as collateral. They are very professional, dependable, will always get back with you in a timely manner. They store your crypto in instituti... See more
Company replied
While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more
To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more
Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
I’ve used Lantern Finance twice now, and both experiences have been incredibly easy, seamless, and almost instant. I was able to leverage my crypto assets without having to sell them, borrow agains... See more
Company replied
I was trying to setup a business account with many of the other popular exchanges / fintechs, but, ran into either an ungodly list of requirements and questions, or, they simply never got back with me... See more
Company replied
Amazing experience using Lantern. Super easy interface. Top tier customer service with Jeff who really took the time to explain the program. He is the reason that we ultimately decided to move fo... See more
Company replied
Company details
Written by the company
Lantern Finance is a US-based lending platform that provides secure, reliable access to crypto-backed loans with dedicated customer support. Use your assets—like BTC, ETH, XRP, and more—as collateral to unlock liquidity without having to sell your crypto.
Contact info
1810 E Sahara Ave STE 75004 , 89104, Las Vegas, United States
- 415-365-0100
- support@lantern.finance
- lantern.finance
4.9
Excellent
127 reviews
Asks customers to review
This company invites their customers to review, whether positive or negative
Replied to 100% of negative reviews
Typically replies within 1 week
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.
Great communication
Great communication. Friendly and informative. I found them and never needed to look anywhere else for servicing my personal requirements.
January 16, 2026
Reply from Lantern Finance
Thanks Ricardo! Love to hear that you’re a happy client with us.
Very happy with the speed and ease of…
Very happy with the speed and ease of getting the loan. I still have a few questions though.
January 14, 2026
Reply from Lantern Finance
Appreciate the review Russell! Feel free to call/text/email us with any questions and we’re happy to help!
Uncommonly simple.
It was the simplest and most straightforward business experience I have had in a very long time. I will not hesitate to be a future customer again.
January 9, 2026
Reply from Lantern Finance
Thanks for the review! Grateful to have you as a valued client.
Amazing experience using Lantern
Amazing experience using Lantern. Super easy interface. Top tier customer service with Jeff who really took the time to explain the program. He is the reason that we ultimately decided to move forward. Great rates.
We will definitely use their service again. Kudos!!
January 9, 2026
Reply from Lantern Finance
Thank you for the kind words, and agreed - Jeff is fantastic!
This was my first time doing a loan…
This was my first time doing a loan using crypto. Very easy process and support answered all my questions in a timely manner. Will use them again
January 6, 2026
Reply from Lantern Finance
Thanks for the review Caprize! Love to hear that we were helpful
The customer service is awesome if…
The customer service is awesome if needed. I called them, they called me, great email communication as well. Had funds by the end of the day.
January 3, 2026
Reply from Lantern Finance
Thanks Steven, great to hear we were able to be of assistance! Grateful to have you as a valued client!
Great company real people no foreign…
Great company real people no foreign answering service, you get old fashioned customer service.
December 24, 2025
Reply from Lantern Finance
We pride ourselves on our hands on customer support - really great to hear that we've been helpful! Thank you for the review.
The company processed the paperwork within 24 hours.
The company processed the paperwork quickly, and the funds required arrived on time. Also, I attempted to call the number, and received a prompt return call who could respond to my initial questions. Thanks for providing this reliable service.
December 23, 2025
Reply from Lantern Finance
Thanks for the review! Very glad that you're having a great experience with us.
Very responsive customer support
Very responsive customer support, easy and fast process.
December 22, 2025
Reply from Lantern Finance
Thank Amy! Hope you enjoy the holidays and happy new year in advance!
Reply from Lantern Finance
Thank you for the review! We're always here to help!
Best word to describe Lantern
Best single word to describe Lantern Finance: FAST
Loan approval: FAST
Money in account: FAST
Customer service replies: FAST
December 8, 2025
Reply from Lantern Finance
Thank you for the review! We know our clients are busy so we aim to make our products work fast too!
Superb experience
Everything was extremely user friendly. I was able to get approved for my loan and funds in my account all within an hour or two. The prices are very fair and I’m extremely satisfied with my experience. I will be using Lantern Financial again in the future
December 13, 2025
Reply from Lantern Finance
Appreciate it Austin! Grateful to have you as a valued client and looking forward to serving you again in the future!
My experience with Lantern Finance has been great so far!
My experience with Lantern Finance has been great so far! It has been a nice smooth process so far! I'm hoping things will continue to go this well throughout the entire length of my loan. As far as my experience so far, I would definitely rate it 5 stars.
December 12, 2025
Reply from Lantern Finance
Thank you for the great review and for being a valued client of ours! As always, don't hesitate to reach out for any questions and/or feedback!
Your best in service
Now this is the way defi was meant to be personalized trustworthy and expeditiously submitted all within 12 hours. Bravo to lantern finance thank you.
December 11, 2025
Reply from Lantern Finance
Thanks for the awesome review Ben!
Seamless and Simple
Seamless and simple! Finally, a platform that supports XRP-backed loans and that is based and regulated in the U.S. Really great and super easy to use. Also, payment is quick and can be received in US$. Thank you.
December 12, 2025
Unprompted review
Reply from Lantern Finance
Thanks Jonathan, happy to hear you had a great experience with us!
Easy process but shady payment options
Easy process but shady payment options. You can set up auto pay for interest only. Besides that it's you to pay the principle back on time so you don't lose your collateral
November 21, 2025
Reply from Lantern Finance
Hey there, appreciate the feedback! However, to be clear, we don't have auto-pay for principal because our loans are interest-only. Basically, you don't need to pay the principal until the maturity date which is 12 months after your loan.
For your interest which is due each month, you can set up autopay since the amount is pre-determined. For principal, there is no pre-determined amount until loan maturity, so there is no amount that you can auto-pay, since you can choose to pay back different amounts (or none) each month. Also, you automatically get reminders that maturity is coming up, several times weeks before it is due. Even then, you are able to refinance to keep the loan for another 12 months, or just pay it off to release your collateral.
Hope that makes sense.
My Crypto loan experience 👌
My experience with Lantern Finance has been very positive. The interface is clean, intuitive, and easy to navigate. The onboarding flow is smooth, with registration and verification processed far faster than expected. Funding, loan deposits, and repayment confirmations were handled quickly, outperforming the speed of most traditional banks.
December 3, 2025
Reply from Lantern Finance
Thanks Ross, really great to hear that you had a smooth experience with our platform!
Best terms and easy to use platform.
December 2, 2025
Reply from Lantern Finance
Thank you for the review!
The Trustpilot Experience
Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.
Learn about Trustpilot’s review process.
Here are 8 tips for writing great reviews.
Verification can help ensure real people are writing the reviews you read on Trustpilot.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.