Biz2Credit Closes $52 Million Funding Round

Online small business lending platform Biz2Credit announced today that they have closed their Series B funding round; the $52 million round was led by WestBridge Capital and will allow the company to drive more growth in their marketplace lending business as well as support the expansion of Biz2X, their SaaS product targeted at banks; Biz2Credit CEO and Co-Founder Rohit Arora said, “In a market filled with online lending solutions, Biz2X is a truly differentiated platform to automate banks’ business and commercial lending.” Source.

Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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