FinMkt closes $5m Series B
FinMkt, a New York-based B2B fintech solutions provider, announced the close of its $5 million Series B preferred equity round led by Fintop Capital with participation from existing investors including ManchesterStory Group and West Loop Ventures.
FinMkt provides highly customisable technology solutions for the online lending industry, through its multi-lender Gateway platform.
It facilitates the submission of online loan requests and the delivery of competitive, pre-qualified loan offers from multiple lenders via an online interface for the home improvement and retail services industries. In addition, FinMkt operates Lendvious.com and Bizloans.io, which it white-labels for clients.
CEO and Co-Founder Luan Cox, says, “Fintop’s deep knowledge about what it takes to run a high-growth, hugely successful fintech company will contribute immensely to our rapid growth. We will continue to strive to provide comprehensive lending-as-a-service solution, for both consumer and small business loans, to our clients while also providing high-quality application volume.”
“By working with banks and other traditional lenders, we believe FinMkt will be the backbone of innovation in helping these financial institutions become increasingly digitally-enabled and leverage best-in-class technology,” says Joe Maxwell, Managing Partner at Fintop Capital.
This investment comes ahead of the company announcing the launch of their new real-time digital financing solutions with a network of lending partners.
