Lendio Closes $55M Series E Funding Round Led by Mercato Partners
Retrieved on:
Thursday, February 27, 2020
The funding enablesLendio to increase the scope and precision of its loan marketplace while expanding newbookkeeping and lender services functions.
Key Points:
- The funding enablesLendio to increase the scope and precision of its loan marketplace while expanding newbookkeeping and lender services functions.
- Lendio uniquely solves the problem of inefficient capital for small businesses by bridging lenders and borrowers.
- They are able to connect both sides and facilitate loans faster and more effectively between small business owners and lending institutions.
- For more information about Mercato Partners, the Traverse Funds and the portfolio companies, visit www.mercatopartners.com .