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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. #2 of 40 best companies in Cryptocurrency Service
  2. #16 of 107 best companies in 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

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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

(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

It was hassle free and the support was excellent

It was hassle-free and the support was excellent. I was uncertain about transferring that much of my net worth, but it was easy and well supported.

October 10, 2025
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Reply from Lantern Finance

Hey James, very much appreciate the kind words and vote of confidence! Grateful to have you as a valued client.

Rated 5 out of 5 stars

Communication and support was speedy…

Communication and support was speedy and efficient. As a first time user, I will definitely continue with their services!

October 3, 2025
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Reply from Lantern Finance

Thank you Wendi! Looking forward to doing business with you again soon!

Rated 5 out of 5 stars

The loan process is quick mine was next…

The loan process is quick mine was next day. And it’s easy to get ahold of someone to talk to and answer all my questions at Lantern Finance. You guys are awesome. Thank you for everything.

September 25, 2025
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Reply from Lantern Finance

Really great to hear that you had a great experience with us. Thank you for being a valued client of ours!

Rated 5 out of 5 stars

Awesome Customer Service!!!

Jeff was an awesome guy that helped us walk through each step. He answered all of my questions and even the second day I called to ask more questions. Thank you Jeff!!!!

September 30, 2025
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Reply from Lantern Finance

That's what we're here for! But agreed - Jeff is awesome!

Rated 5 out of 5 stars

My assessment of my experience with Lantern Finance.

The entire process is very easy and the customer service is outstanding and are U.S. based easy to understand English speaking friendly helpers.
I recommend Lantern Finance to friends and family and my family members and I use Lantern Finance for liquidity solutions while contributing to our digital assets utility and RSI. Thank you Lantern Finance.

September 24, 2025
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Reply from Lantern Finance

Thanks Alfredo, this review means a lot! Grateful to have you as our client.

Rated 5 out of 5 stars

Process was super simple

Process was super simple. Way easier than I expected. A few clicks and I had my money. The dashboard interface is very user friendly as well..

September 17, 2025
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Reply from Lantern Finance

Great to hear you had a great experience with us!

Rated 5 out of 5 stars

I used lantern because I didn't want to…

I used lantern because I didn't want to sell my xrp and need funds fast the whole process took a day and my funds where in my account on Monday I only had to wait because I did it over t g e weekend I would recommend there services

September 15, 2025
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Reply from Lantern Finance

Thanks Robert! Glad we're helpful in your crypto journey!

Rated 5 out of 5 stars

Finally a company that can help the…

Finally a company that can help the smaller investor live in a rigged investment market. They helped me secure my tokens and provided liquidity at a fair price. Thank you.

September 22, 2025
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Reply from Lantern Finance

Appreciate the review David! Grateful to have you as a valued client.

Rated 5 out of 5 stars

The company was very attentive with me

The company was very attentive with me, helped me along every angle needed that was necessary to facilitate the loan. Highly recommend.

July 7, 2025
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Reply from Lantern Finance

Thank you for the kind words! Happy to hear you enjoyed working with us as much as we did with you.

Rated 5 out of 5 stars

Working with knowledgeable…

Working with knowledgeable professionals makes it easy to recommend Lantern.
Your prompt and quick response times to customer questions is unmatched.

September 3, 2025
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Reply from Lantern Finance

Thanks Charles! That means a lot to us

Rated 5 out of 5 stars

Lantern finance has been so helpful…

Lantern finance has been so helpful through my process of taking a loan out against my XRP. They’ve had the best customer service and have been so prompt when responding to phone calls.

July 10, 2025
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Reply from Lantern Finance

Thanks David, that's what we're here to do!

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