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London-based FinTech Plend secures €58.3 million funding facility from Triple Point to drive growth and enhance access to credit for underserved borrowers.
Amount Raised
€23.2 Million
Round Type
Venture - Series Unknown
Investors
Description
Plend, a responsible lender, has secured a funding facility of up to €58.3 million from Triple Point. This facility includes a €23.2 million senior revolving credit component designed to support Plend’s growth objectives. CEO James Pursaill emphasized the impact of this partnership in granting access to credit for those traditional lenders overlook. Founded in 2020, Plend aims to revolutionize responsible lending through innovative credit assessment technology.
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