UK Consumer Lender Lendable Raises $400mn

UK based Lendable raised $400mn to continue lending to UK consumers amid concerns over growing household debt; the capital infusion comes from Castle Trust who is backed by the US private equity shop JC Flowers; this is the second big deal for Lendable in 2017 as they were able to secure over $130mn from Waterfall Asset management in March. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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