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Coastal | December 03, 2021
Coastal Community Bank, a division of Coastal Financial Corporation, a socially evolving bank with branch locations serving the north Puget Sound, announced the Bank has entered a partnership with LendingPoint LLC, the leading AI CreditTech platform designed to improve access to affordable credit for consumers and small businesses while reducing the risk and costs of lending.
Coastal will expand its geographic footprint for both consumer and small business lending options via a se...
Send Press Releases with GlobeNewswire | February 27, 2020
Lendio, the nation’s largest marketplace for small business loans, today announced it has secured $55 million in capital, including $31 million in equity led by Mercato Partners’ Traverse Fund and a $24 million debt facility from Signature Bank. The equity round was oversubscribed by existing investors including Napier Park Financial Partners, Comcast Ventures, Blumberg Capital, Stereo Capital and Runa Capital. The funding enables Lendio to increase the scope and precision of its loa...
Ready Capital and Lendio | May 08, 2020
Ready Capital and Lendio accepted tens of thousands of applications from the smallest of businesses without imposing the strict criteria.
$1.3 billion of the $3 billion in approved loans have been funded, according to Ready Capital and Customers Bank.
Hello Alice, QED Investors | June 15, 2021
Hello Alice, leading machine learning platform connecting small business owners to networks, capital, and business service, proudly announced a $21 million Series B raise led by QED Investors along with new participating investors including Green Book Ventures, Backstage Capital, Harbert Growth Partners, and How Women Invest.
Funds will be utilized to strengthen the ability of the company to serve small business owners as they emerge from the pandemic, enhance the predictive capab...
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