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Oaktree, Leumi invest $29m in online lender EZBob

EZbob, the London based online lending platform raised a $29m Series C round, led by Leumi Partners,and Oaktree Capital Management.

EZBob Ltd., which trades as business e-lenders Everline and EZBob, today announced that it has closed its Series C investment round with a £20m equity investment from Leumi Partners, the investment banking arm of Israel-based Bank Leumi, and funds managed by Oaktree Capital Management L.P. (“Oaktree”), an existing investor. This latest investment round provides EZBob Ltd. with additional capital to increase its lending capacity and further develop its leading technology platform to enable more of the country’s 5.2m SMEs to instantly access the capital needed to fuel their growth plans, any time and from anywhere.

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lending