Ethical Lender Plend Backed By Monzo And Starling Founders In £40M Seed Round
11/02/22, 5:08 PM
Location
Money raised
£40 million
Industry
finance
financial services
Round Type
seed
Consumer lending platform Plend has banked £40m in seed funding, with angel investment coming from the co-founders of challenger banks Monzo and Starling.
Company Info
Location
london, ontario, canada
Additional Info
Plend is a consumer lender on a mission to better understand people who, up until now, have been ignored or exploited by mainstream credit solutions.
Over the last two years, we have assembled a world-class team of credit risk, open-banking, machine learning and B2C fintech leaders who have built and tested the PLEND Score®, a proprietary lending model that enables people to access credit at genuinely affordable rates in the UK.
We care passionately about creating a fairer financial future where we accurately assess real affordability in order to provide a truly low cost solution that enables people to live a full and happy life, which we all deserve.
You’re unique, and we love that 👊
Backed by the Fair By Design Fund, NBS Ventures, Tomahawk.VC and Haatch Ventures
To find out more, visit us at www.plend.co.uk or follow us on Instagram at @plend.uk.