LendKey Garners $12,500,000 Series B Financing Round

  • Feed Type
  • Date
    8/7/2013
  • Company Name
    LendKey
  • Mailing Address
    104 W. 27th St. 4th Floor New York, NY 10001
  • Company Description
    LendKey offers cloud-based technology to provide the essential infrastructure for financial institutions or any party to quickly, securely, efficiently, and profitably lend to anyone else – from those offering loans directly to those structuring new types of loans.
  • Website
    http://www.lendkey.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    LendKey, which was founded in 2008 as a private student lending platform for financial institutions, will use the funds to expand its lending platform into new asset classes and accelerate the growth of its lending clients.
  • M&A Terms
  • Venture Investor
    Updata Partners
  • Venture Investor
    TTV Capital
  • Venture Investor
    Draper Fisher Jurvetson