Blackmoon Financial Group Lands $2,500,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c617a678-7f27-4976-8bc2-54905cb5bb63
Date
11/14/2016
Company Name
Blackmoon Financial Group
Mailing Address
315 West 36th Street 10th Floor New York, NY 10018 USA
Company Description
Blackmoon is a technology platform that provides Marketplace Lending as a Service (MPLaaS) for balance sheet lenders. MPLaaS enables balance sheet lenders to access institutional funding via a marketplace approach.
Website
http://www.blackmoonfg.com
Transaction Type
Venture Equity
Transaction Amount
$2,500,000
Transaction Round
Undisclosed
Proceeds Purposes
Blackmoon will use the funds for the further development of its technological platform and front-end solutions, and for further expanding its presence in the U.S. market, which will be a key growth area in the next year and a half.
M&A Terms
Venture Investor
Target Global
Venture Investor
Flint Capital