Lenny Secures Seed Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4826e26c-b4a3-4e79-b1eb-75d75ae7490c
Date
12/14/2015
Company Name
Lenny
Mailing Address
1447 2nd Street Santa Monica, CA 90401 USA
Company Description
Lenny is a lender offering lines of credit to residents in those states where permitted by law. The actual line of credit amount, term, and APR that a customer qualifies for may vary based on credit determination and state law. Minimum loan amounts vary by state.
Website
http://www.getlenny.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Seed
Proceeds Purposes
The company intends to use the funds to start offering instant microloans to Millennials.
M&A Terms
Venture Investor
Undisclosed