UK Consumer Lender Neyber Nets £100m from Goldman Sachs

Goldman Sachs is investing £100m ($132.6) in UK consumer lending platform Neyber; the financing will come in the form of debt and equity; the FT reports, “We are now in a place where we are confident in our model,” said Martin Ijaha, co-founder of Neyber. “The Goldman Sachs investment of £100m is really about expanding the amount we lend from the £70m we have done to date.” Source

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!