The service allows institutional investors to gain access to the balance sheet loan market with Blackmoon’s platform offering independent scoring and loan assessment as well as continuous due diligence. Founder and CEO Oleg Seydak said “Lending is one of the universal structures of the modern financial system. And unlike other players, we’re not trying to replace banks; we want to give them and other balance-sheet lenders a unique tool to improve efficiency and risk management” Blackmoon says it has seen its monthly transaction volume grow by a multiple of 2.5 since June and surpassing $5m in September.

http://fintechroundup.com/blackmoon-lands-2-5m-alternative-investment-marketplace/