Startup ‘Bread’ Raises $126mn to Help Retailers Offer Financing

The company has raised its Series B round in an effort to expand the number of retail partners; Menlo Ventures led the equity portion of the investment with participation from Bessemer Venture Partners, and RRE Ventures, among others; Victory Park Capital is providing the debt facility; founded in 2014 the company provides a white label solution for retailers to offer financing to their customers; they compete directly with firms such as Affirm, PayPal Credit and Klarna. Source

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