Tech Company Financing Transactions
Lendified Funding Round
Lendified closed a $60 million investment round on 10/26/2017. Investors included ClearFlow.
Transaction Overview
Company Name
Announced On
10/26/2017
Transaction Type
Debt
Amount
$60,000,000
Round
Undisclosed
Investors
ClearFlow (Randy Rutherford)
Proceeds Purpose
Through the agreement, ClearFlow is providing Lendified with a $60 million credit facility to fund loans delivered through the Lendified website. Lendified will increase its lending capacity with the new funding facility.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
372 Bay St.
Toronto ON, M5H 2W9
Canada
Toronto ON, M5H 2W9
Canada
Phone
Website
Email Address
Overview
Our founders served as bank executives for over 30 years and saw countless opportunities to support small businesses missed. With deep financial expertise and a passion to support the economic engine of Canada, they created Lendified.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Troy Wright
Chief Financial Officer
Norman Tan
Chief Operating Officer
Rachel Manno
President
Kevin Clark
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