Zug, Switzerland based microlending startup raises $2.5m in its initial round of funding. Investors include Aslanoba Capital, Bogazici Ventures, and Next Ventures.
"These investments will enable us to pursue our vision of redefining the credit scoring market and enable us to help the approximately 3 billion unbanked and underbanked worldwide to enter the financial ecosystem," said Bulent Tekmen, co-founder and CEO of Colendi.
http://www.wtol.com/story/38975195/colendi-announces-initial-funding-builds-out-advisor-team