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Rising Fintech LoanStar Secures US$28m in Growth Equity

PRIVATEFeb 09, 2024

Amount Raised

$28 Million

Round Type

Private Equity

SwarthmoreInformation TechnologyFinancial Services

Investors

Sageview Capital

Description

Rising Fintech LoanStar secured US$28m in growth equity to take advantage of the current state of the lending market, where the unique characteristics of their technology offer a differentiated value proposition to both the lenders and merchants on their platform. LoanStar is excited to partner with experienced fintech investor Sageview Capital and appreciates the continued support from existing investors for their next phase of growth.

Quick answer

Loanstar Technologies LLC raised $28 Million in a Private Equity round, dated February 9, 2024. Investors: Sageview Capital. Loanstar Technologies LLC is based in Swarthmore, Pennsylvania, United States.

How much did Loanstar Technologies LLC raise?
Loanstar Technologies LLC raised $28 Million in a Private Equity round on February 9, 2024.
Who invested in Loanstar Technologies LLC?
Sageview Capital is named as investors in this round.
What does Loanstar Technologies LLC do?
LoanStar Technologies is a financial technology company specializing in embedded lending services, based in Swarthmore, PA.
Where is Loanstar Technologies LLC based and how big is it?
Loanstar Technologies LLC is based in Swarthmore, Pennsylvania, United States.
Who are the decision-makers at Loanstar Technologies LLC?
Fundz holds 1 contact at Loanstar Technologies LLC, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Loanstar Technologies LLC that raised within 45 days of this round, from Fundz verified event records.

  • FundGuard raised $100M (Series C) on March 25, 2024.
  • Ameetee raised $1M (Seed) on March 25, 2024.
  • Soft Space raised an undisclosed amount (Series C) on March 25, 2024.
  • Akulaku raised $100M (Funding Round) on March 25, 2024.
  • nsave raised $4M (Seed) on March 25, 2024.
  • Belong raised $3.9M (Pre-Seed) on March 25, 2024.

Who to call at Loanstar Technologies LLC, and when

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Company Information

Company

Loanstar Technologies LLC

Location

200 BARR HARBOR DRIVE

Swarthmore, Pennsylvania, United States

About

LoanStar Technologies is a financial technology company specializing in embedded lending services, based in Swarthmore, PA. The company's MerchantLinQ platform empowers lenders to provide instant point-of-sale finance through local merchants.

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Related People

1 contact
Verified contactsAndrew T., Executive Officer, DirectorSee plans and pricing
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Loanstar Technologies LLC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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