Lendable Raises $670 Million to Fuel Personal Lending Expansion
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U.K. digital lender Lendable finalized a deal Thursday (July 9) in which it will raise 500 million pounds (about $670 million) to support its effort to push further into lending, Bloomberg reported Thursday, citing unnamed sources. In the deal, Lendable will sell securities backed by a portfolio of unsecured consumer loans to private individuals in the U.K., according to […] The post Lendable Raises $670 Million to Fuel Personal Lending Expansion appeared first on PYMNTS.com.
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