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Lantern Finance Reviews 

175
TrustScore 5 out of 5

4.9

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Review summary

Created with AI, based on recent reviews

Looking at 156 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently mention that creating an account, getting loan approval, and receiving funds in their bank accounts happens in a matter of minutes. Consumers consistently highlight the intuitive interface and the dedicated team members who patiently guide clients through every step of the borrowing process. However, some people mentioned facing occasional communication hurdles when trying to settle their accounts outside standard hours or encountering tricky payment options. Despite these few drawbacks, users appreciate the overall transparency and remain eager to continue utilizing the platform for future financial needs.

What people talk about most

Customer service

Reviewers mention positive feedback about customer service, highlighting that team members are responsive,... See more

User experience

Clients share positive opinions on user experience, highlighting how fast, seamless, and intuitive the... See more

Service

Users describe positive interactions with service, highlighting a smooth, fast, and reliable loan setup and... See more

Staff

Customers consistently note positive experiences with staff, highlighting responsive, knowledgeable, and... See more

Payment

Customers report positive experiences with payment, highlighting fast transaction speeds and simple deposit... See more

Reviews shaping this summary

Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

Trustworthy and responsive! I just paid off almost $80,000 in loans that I took out with Lantern, and received my collateral back in less than an hour. I did experience a few small glitches wi... See more

Company replied


Company details

  1. Cryptocurrency Service
  2. Financial Institution

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

4.9

Excellent

TrustScore 5 out of 5

175 reviews

5-star
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1-star

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

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4.9

All reviews

(175)

151 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

Easy

Easy, fast and effective...Spectacular company!

September 17, 2025
Lantern Finance logo

Reply from Lantern Finance

Thank you! We do our best ;)

Rated 5 out of 5 stars

Replacement Turbo Money In A Pinch

So far, everything has been quick and easy as far as setting up the loan, funding it with my collateral, and making a payment. I contacted support and spoke with a live person and they responded quickly in emails. I hope it is just as easy to withdraw my collateral as it was to add it.

September 14, 2025
Lantern Finance logo

Reply from Lantern Finance

Thanks for the kind words! Collateral withdrawal is seamless too (just click on the "Withdraw" button on the top right of your dashboard. Of course if you ever get stuck, you can reach out to us via call or text at 415-365-0100.

Rated 5 out of 5 stars

Very quick and easy

Very quick and easy! The fund were in the account the next day since I applied after hours. Glad to see this servise for the US market. Hopefully they can offer better rates as the business grows.

September 10, 2025
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Reply from Lantern Finance

Thank you for sharing your experience! We're constantly looking to lower our own cost of capital to pass on to our clients. Will make sure all clients know if/once rates come down

Rated 5 out of 5 stars

Smooth and Seamless Process

Smooth and Seamless Process! Was easy to post collateral, received funds quickly, and even closed the loan early which all was very quick and easy. Highly recommend!

September 2, 2025
Lantern Finance logo

Reply from Lantern Finance

Thanks, Mike! 🙌 Glad it was smooth all the way through. Appreciate you recommending us!

Rated 5 out of 5 stars

Customer Service

Customer Service, Easy to use platform, Assets offered, everything was great!!

August 1, 2025
Lantern Finance logo

Reply from Lantern Finance

Hey Karishma, thanks for your continued support, we're happy you had such a positive experience!

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