Zurich-Based Lend Raises CHF3.5mn Series A Round

Crowdlending platform Lend raised CHF3.5 million ($3.47 million) from Polytech Ecosystem Ventures and other angel investors; the round will help the platform to continue building out their brand, upgrading their automation and increasing their marketing spend for Switzerland; Lend launched in January of 2016 and has thus far funded 300 loans; in addition to the funding Lend was also able to secure two new team members, Dr. Stefan Jaecklin, former head of Oliver Wyman Switzerland, and Dr. Luzius Anderegg, senior software developer at software company Ergon Informatik.  Source