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Lantern Finance Reviews 

233
•
TrustScore 5 out of 5

4.9

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Review summary

Created with AI, based on recent reviews

Evaluating 175 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently praise the remarkably fast loan approval process and the supportive staff who provide clear guidance throughout onboarding. Many consumers note that funds are deposited swiftly into their personal bank accounts, making borrowing against digital assets exceptionally seamless. People also appreciate the professional communication and how easy the platform interface is to navigate. Some people were dissatisfied with payment options and experienced minor setup difficulties regarding their accounts. Reviewers additionally mentioned longer waiting periods for bank transfers or occasional confusion regarding setting up automatic payments.

What people talk about most

User experience

Customers had positive experiences with user experience, highlighting that the platform is fast, seamless,... See more

Service

Customers consistently note positive experiences with service, highlighting exceptional satisfaction and... See more

Customer service

People report positive experiences with customer service, noting that staff members are readily accessible,... See more

Staff

Reviewers mention positive feedback about staff, consistently describing team members as responsive,... See more

Payment

Reviewers highlight positive aspects of payment, noting that funds are deposited quickly into bank accounts... 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

Love the ease of the loan process! There is plenty of information regarding the loan process on the site, but, only limited in youtube thus far. The loan process was easy, setting up the bank account... 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


Company details

  1. Cryptocurrency Service
  2. also in
  3. 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

233 reviews

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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

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4.9

All reviews

(233)

169 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

I'm fairly new to crypto period and…

I'm fairly new to crypto period and still hyper paranoid moving crypto from a cold wallet. When the transaction was pending a bit too long, she put my mind at ease that all would be well. Human interaction is hard to come by these days. Much appreciated.

November 4, 2026
Rated 5 out of 5 stars

Fast and easy.

November 3, 2026
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Reply from Lantern Finance

That's what we strive for - we appreciate having you as a valued client!

Rated 5 out of 5 stars

I always get an answer when I call

My experience with Lantern Finance has been nothing short of stellar. The combination of human interaction, speedy responses, and genuine helpfulness creates a supportive environment that is rare in the financial industry. I highly recommend Lantern Finance to anyone seeking a personalized and efficient approach to their financial needs.

November 2, 2026
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Reply from Lantern Finance

Thanks for the kind words Devin! Real human support is what we pride ourselves on the most!

Rated 5 out of 5 stars

UI/UX is outstanding

UI/UX is outstanding, easy to understand process flow..and fast!

November 1, 2026
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Reply from Lantern Finance

Thanks for the review Michael! Glad to hear you had a smooth experience with us.

Rated 5 out of 5 stars

I trust Lantern for absolute…

I trust Lantern for absolute professionalism with a personal touch. My experiences with them in completing past loans have given me firm confidence in them as an appropriate vehicle for borrowing against appreciating assets.

October 28, 2026
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Reply from Lantern Finance

Thanks for the vote of confidence M! Always a pleasure working with you.

Rated 5 out of 5 stars

Highly recommend Lantern

Drew was extra professional and patient with answering questions about signing up for a loan, I Highly recommend Lantern Finance. Paul

October 28, 2026
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Reply from Lantern Finance

Thanks for the kind note Paul! Will make sure Drew sees this!

Rated 5 out of 5 stars

Great team

Great team! Easy process!

October 28, 2026
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Reply from Lantern Finance

Thanks for the review Jake! Great to have you as a valued client of ours. Welcome again to Lantern!

Rated 5 out of 5 stars

The simplicity of the transaction

The simplicity of the transaction. It is very easy to initiate and complete the whole process. Thanks for making it available!

October 18, 2026
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Reply from Lantern Finance

Hey Eric! You are welcome! Thank you for the nice review and checking out our platform. We appreciate you joining us here on Lantern Finance!

Rated 5 out of 5 stars

Easy Peasy to get this loan

Easy Peasy! I just took out an XRP collateralized loan for a significan amount with Lantern Finance, which really took all of 10 minutes! Incredibly fast and impressive, if I do say so! I initially did it all online, but before pushing the submit button, I spoke to someone just making sure all the "eyes" were dotted & "Ts" crossed before submitting. I would highly recommend considering Lantern Finace for those seeking a crypto collateralized loan.

October 17, 2026
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Reply from Lantern Finance

Lemon Squeezy! Glad to hear that you were able to join us here at Lantern Finance! We appreciate the kind words and try to streamline everything to be a smooth as possible. Thank you again Garry!

Rated 5 out of 5 stars

Lantern is a Game Changer!

Ok for starters I'm as skeptical as they come especially when it comes to my crypto bags. So when I first heard about Lantern I did the ole skeptics raised eyebrow. After weeks of contemplating I decided to challenge my skepticism and "jump in the cold pool". I first called and spoke with a very nice man named Jeff. He answered all my questions, concerns and made me feel comfortable. So I went for it! And what did i do?? I put in the right address but the WRONG ID number!! Couldn't make this up if i tried. I called Jeff frantically explaining what happened and he told me don't worry and they could track it down for me AND THEY DID!! They credited my account and funded my collateralized loan within minutes! I am no longer a skeptic and I can truly say that Lantern is the real deal! No gimmicks, no B.S!! Definitely recommend.

Ronnie

October 16, 2026
Unprompted review
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Reply from Lantern Finance

Hey Ronnie, Thank you so much for the incredible review! Happy we were able to work out the typo and recover your funds. We will do everything we can to help you have a good experience with our platform. Thanks again for joining us!

Rated 3 out of 5 stars

I suggest better UI in getting through…

I suggest better UI in getting through the process from signup to bank setup. I figured it out but took alot of time. I felt I was on my own. Love your idea. Waiting the 72 hrs for transfer to my bank.

October 16, 2026
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Reply from Lantern Finance

Hey Tim, thank you for the review. We tried giving you a call to get feedback on how we can improve - please feel free to call us back whenever you can! You can also call or text us in the future and we can walk you through the entire process step by step as well: 415-365-0100.

Regarding your funds, it should have already landed in your bank account!

Rated 5 out of 5 stars

Loan granted in minutes after…

Loan granted in minutes after collateral sent. Everything operated exactly as stated. Great loan product with quick and friendly service!

October 15, 2026
Lantern Finance logo

Reply from Lantern Finance

Great to hear you took advantage of our real-time payments (RTP) loan funding! Please let us know if you need anything else, and welcome to Lantern!

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