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LDC backs LendingMetrics to accelerate growth and product development

Nov 07, 2024•over 1 year ago

Contract Type

partnership

EnglandFinancial ServicesFinanceFintechLending

Description

LendingMetrics, a credit risk technology group based in Fareham, has secured a significant investment and strategic support from LDC. The partnership will enable LendingMetrics to accelerate new product development, expand its network of partners, explore complementary acquisitions, and diversify its presence in new industries.

Company Information

Company

LendingMetrics

Location

England, United Kingdom

About

LendingMetrics is a credit risk technology group based in Fareham, founded in 2010. It helps companies to make automated and risk-based lending decisions.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months