Leading Fintech Company Marlette Announces $225 Million Preferred Equity Raise
03/10/22, 11:35 AM
Location
wilmingtonMoney raised
$225 million
Best Egg, the machine learning powered, online credit and financial wellness platform that is owned and operated by Marlette Holdings, Inc, announced today that it has secured $225 million in committed preferred equity capital. The Series E capital round was led by the Healthcare of Ontario Pension Plan (HOOPP), which manages over $80 billion in assets, with participation from investment funds advised by Davidson Kempner Capital Management LP, as well as a large international bank.
Company Info
Location
wilmington, delaware, united states
Additional Info
Marlette Holdings, Inc. is a leading financial technology provider whose subsidiaries develop and operate the Best Egg financial platform, which aims to help people feel more confident about their everyday finances. The team mixes decades of banking experience with deep customer knowledge and smart technology to deliver digital products, services, and experiences in a more relevant way. Since March 2014, the platform has delivered over $16 billion of consumer loans with strong credit performance. For more information, visit www.BestEgg.com.
Media Contact: Mark Ladley mladley@slicecommunications.org267-644-9077
SOURCE Best Egg