New York based loan origination and syndication platform has raised a $6.5m Series A led by Valar Ventures.
| less than a minute read
Valar Leads $6.5MM Funding For LoanStreet's Loan Platform
"Developing disruptive technologies for heavily regulated industries requires a rare combination of business, legal and regulatory expertise," said James Fitzgerald, General Partner and co-founder of Valar Ventures. "Ian and the team at LoanStreet have exactly the right backgrounds — and are the right entrepreneurs — to bring innovation to credit unions, banks and other lenders that are often underserved by emerging technologies. We are excited to be partnering with them." "More and more lenders recognize the need to access technology to scale their business and diversify risk," said Third Prime Capital Managing Partner Wes Barton
