How much did Plend raise?

Plend raised £40 Million in a Seed round on November 2, 2022.

Who are the decision-makers at Plend?

Fundz holds 2 contacts at Plend, including the Advisor. Names and contact details are shown to Fundz members.

Ethical Lender Plend Backed By Monzo And Starling Founders In £40M Seed Round

PRIVATENov 02, 2022

Amount Raised

£40 Million

Round Type

Seed

Financial ServicesFinance

Description

Consumer lending platform Plend has banked £40m in seed funding, with angel investment coming from the co-founders of challenger banks Monzo and Starling.

Quick answer

Plend raised £40 Million in a Seed round, dated November 2, 2022.

How much did Plend raise?: Plend raised £40 Million in a Seed round on November 2, 2022.
What does Plend do?: Plend is a consumer lender on a mission to better understand people who, up until now, have been ignored or exploited by mainstream credit solutions.
Who are the decision-makers at Plend?: Fundz holds 2 contacts at Plend, including the Advisor. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

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

NeoGrowth raised $36M (Funding Round) on December 15, 2022.
Credit Acceptance Corporation raised $200M (Funding Round) on December 15, 2022.
Uniqus Consultech raised $89 on December 14, 2022.
Navan raised $400M (Debt Financing) on December 8, 2022.
Uplinq raised $5.6M (Seed) on December 8, 2022.
Uniqus Consultech raised $13M (Series A) on December 8, 2022.

Who to call at Plend, and when

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Company Information

Company

Plend

About

Plend is a consumer lender on a mission to better understand people who, up until now, have been ignored or exploited by mainstream credit solutions. Over the last two years, we have assembled a world-class team of credit risk, open-banking, machine learning and B2C fintech leaders who have built and tested the PLEND Score®, a proprietary lending model that enables people to access credit at genuinely affordable rates in the UK. We care passionately about creating a fairer financial future where we accurately assess real affordability in order to provide a truly low cost solution that enables people to live a full and happy life, which we all deserve. You’re unique, and we love that 👊 Backed by the Fair By Design Fund, NBS Ventures, Tomahawk.VC and Haatch Ventures To find out more, visit us at www.plend.co.uk or follow us on Instagram at @plend.uk.

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2 contacts

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Plend 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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