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Lantern Finance Reviews 

186
•
TrustScore 5 out of 5

4.9

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Review summary

Created with AI, based on recent reviews

Evaluating 161 reviews, reviewers overwhelmingly had a great experience with this company, consistently sharing positive feedback about their overall journey. Customers frequently praise the exceptionally fast loan approval process, noting that funds are deposited very quickly and without complex paperwork. Additionally, people highlight the outstanding customer support team, emphasizing their responsiveness and willingness to answer questions at any time. However, some people mentioned minor rough edges regarding specific payment options, occasional transaction complexities, or a desire for round-the-clock availability. Despite these occasional considerations, consumers remain genuinely satisfied with the human-centered assistance and highly reliable service provided throughout.

What people talk about most

User experience

Consumers find user experience to be positive, highlighting a fast, seamless, and incredibly intuitive... See more

Customer service

Users describe positive interactions with customer service, highlighting that support agents are consistently... See more

Service

People report positive experiences with service, highlighting fast loan approvals and instant fund deposits... See more

Staff

Clients share positive opinions on staff, frequently highlighting the incredible patience, knowledge, and... See more

Payment

Customers had positive experiences with payment, frequently praising the remarkably fast deposits and... See more

Reviews shaping this summary

Rated 5 out of 5 stars

Great experience, first time visit and loan. My transfered in collateral crypto was confirmed receiced in about 1 minute. Loan approval given once collateral was activated. 11% is a great rate imo, w... See more

Company replied

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


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

186 reviews

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Replied to 100% of negative reviews

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4.9

All reviews

(186)

163 reviews in the last 12 months

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Rated 5 out of 5 stars

Lantern Finance - Crypto Loans . Use Crypto as collateral

I have initiated multiple loans on Lantern Finance and the experience has been excellent. The user interface on the platform is very comprehensive, all information about the amount of crypto collateral required for the dollar loan amount, interest charged (very reasonable), is clearly shown; and the interface also shows you the realtime status of your loan LTV, once you submit your collateral and receive your loan. The actual loan is approved and the loan proceeds are released very quickly, in minutes. Finally, Lantern Finance has 5 star customer service, a real, live person will take your call, or return your call in short order, and answer your questions.

24 September 2026
Unprompted review
Rated 4 out of 5 stars

It was a smooth seamless experience .my…

It was a smooth seamless experience .my only gripe was the LTV could be better

17 September 2026
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Reply from Lantern Finance

Thanks for the review Dan, great to hear the loan application process was easy. Do you mind clarifying what you mean by better LTV? Feel free to call us at 415-365-0100 or email at support@lantern.finance to share your feedback.

Rated 5 out of 5 stars

I had a question during the application…

I had a question during the application so I called customer assistance and a real person answered the phone and was able to help me quick and efficient!!

15 September 2026
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Reply from Lantern Finance

Thanks for the review Sean! We pride ourselves on our customer support, so very glad to hear we were helpful!

Rated 5 out of 5 stars

First of all

First of all, the whole process is easy and all you have to do is make a phone call for any questions to vet out any concerns.

24 September 2026
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Reply from Lantern Finance

Thanks Keith! Glad we can help.

Rated 5 out of 5 stars

The process was very simple

The process was very simple. I am 60+ years young the whole process took about 15 -20 minutes for me. Thank you team Lantern

14 September 2026
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Reply from Lantern Finance

Your review means a lot - thanks Russell!

Rated 5 out of 5 stars

I love this concept

This was a very quick and easy process. All of the loan parameters were clearly shown with transparency.

21 September 2026
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Reply from Lantern Finance

Thanks for the review Rich!

Rated 5 out of 5 stars

Safe and secure

Multi-factored security in place. Fast deposits, withdrawal and payouts.

20 September 2026
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Reply from Lantern Finance

Great to hear you're happy with your Lantern experience!

Rated 5 out of 5 stars

USER FRIENDLY!

USER FRIENDLY! Your collateral is in BitGo. It is the gold standard for institutional custody. Fully insured against all losses.

16 September 2026
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Reply from Lantern Finance

Thanks Jim!

Rated 5 out of 5 stars

Fastest loan transaction EVER. No Joke!!

It was so simple to do and quite easy to understand. I was a bit hesitant to collateralize my account, but the Loan was approved instantly and funds were deposited into my bank account within 2 minutes. I was relieved. This is legit and I honestly found it unbelievable. This is great for the crypto industry. You can utilize your assets for lending. Hoorah!!!!

18 September 2026
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Reply from Lantern Finance

This is an amazing review, thank you so much Luis!

Rated 5 out of 5 stars

Great experience

Great experience, first time visit and loan. My transfered in collateral crypto was confirmed receiced in about 1 minute. Loan approval given once collateral was activated. 11% is a great rate imo, will pay off some 25% credit cards, and still own my crypto assets.
All this done at 1am EST. Excellent!

17 September 2026
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Reply from Lantern Finance

Thank you Tom! Really appreciate your kind words and great to hear that we could be useful. Welcome to Lantern, and thanks for being a valued client!

Rated 5 out of 5 stars

Great Customer service.

Very helpful in solving some technical issues. they were very involved for a couple of days and now it is very easy to use their services... Excellent.

10 September 2026
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Reply from Lantern Finance

Thanks David! Great to hear everything was resolved and that everything is seamless with your Lantern experience now

Rated 5 out of 5 stars

A good fast efficient website

A good fast efficient website. Jeff & Ed are great to answer any and all questions. They always answer the phone. As a small business owner myself. I would give Lantern 10 Stars if I could.

17 September 2026
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Reply from Lantern Finance

Thanks Mark, this means a lot to us! Will make sure Jeff and Ed see this!

Rated 5 out of 5 stars

So far so good.

So far so good.
After the setup, the $$$ came at lightning speed.

14 September 2026
Lantern Finance logo

Reply from Lantern Finance

Thanks for the review David!

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