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Medallion Financial Corp. Secures $11 Million from BIMIZCI and ZimCal

PUBLIC · MFINOct 16, 2026

Amount Raised

$11 Million

Round Type

Funding Round

New YorkFinancial ServicesFinanceLendingBanking

Investors

ZimCal Asset Management LLCBIMIZCI Fund LLC

Description

On October 16, 2026, Medallion Financial Corp. entered into a Purchase Agreement to acquire trust preferred securities from BIMIZCI Fund LLC and ZimCal Asset Management LLC. The cash purchase price for the transaction amounts to $11,049,000. This agreement includes various standstill restrictions and conditions between the parties

Company Information

Company

Medallion Financial

Location

New York, New York, United States

About

Medallion Financial Corp. is a specialty finance company that originates and services loans in various consumer and commercial industries. The company offers loan products and services through fintech strategic partners. Its key industries served include recreation and home improvement.

Fundz sees it the moment Medallion Financial raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

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Medallion Financial raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.