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.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments