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29 London-based responsible lending FinTech Plend secures funding facility of up to €58.3 million

EU-Startups
Rahul Raj @ EU-Startups 1 place · today 01:13 EDT

London-based responsible lending FinTech Plend secures funding facility of up to €58.3 million

Plend, a London-based responsible lender dedicated to tackling financial exclusion across the UK, has secured a funding facility of up to €58.3 million (£50 million) from Triple Point, a London-based specialist investment manager.  The investment firm has originated a €23.2 million (£20 million) senior revolving credit facility, with the potential to increase to £50 million, ...

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