San Francisco based point-of-sale payment platform for solar and other home efficiency solutions raised more than $800m in new funding led by NEA and WestCap Group.
| less than a minute read
Loanpal raises $800m in new funding
Loanpal earlier this month closed a securitization of about $474 million worth of loans previously bought by Goldman Sachs Lending Partners LLC and Blackstone Credit, among others. prn.to/3sZ21zf Blackstone Group Inc, through funds managed or advised its credit investment platform, in 2020 committed to invest in up to $300 million of residential solar loans originated and serviced on the Loanpal platform.
