Tech Company Financing Transactions
Finova Financial Funding Round
500 Global, private investors and MHS Capital participated in a $52.5 million Seed capital raise for Finova Financial. The round was announced by the company on 8/10/2016.
Transaction Overview
Company Name
Announced On
8/10/2016
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$52,500,000
Round
Seed
Investors
Proceeds Purpose
The funding will be used by Finova to grow the industry's first all-digital lending platform serving the auto title loan marketplace, with a social-impact emphasis, while delivering up to 70% lower cost to consumers.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
4521 PGA Blvd. 226
Palm Beach Gardens, FL 33418
USA
Palm Beach Gardens, FL 33418
USA
Phone
Website
Email Address
Not Recorded
Overview
Finova Financial LLC operates a platform for financial lending. Its data and analytics engine aggregates and analyzes various online and offline data attributes and the relationships among those attributes to assess the creditworthiness of its clients in real time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
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