New York based platform for sharing, managing, and analyzing loans raised $25m in Series B funding led by Portage Ventures.
“LoanStreet is uniquely positioned as a critical lending infrastructure provider with scalable solutions that can benefit all lenders, from the smallest to the largest and most sophisticated,” said Adam Felesky, Co-Founder and CEO of Portage Ventures. “We see tremendous potential for LoanStreet’s technology to become a ubiquitous daily-used tool within US credit unions, banks and direct lenders as well as significant possibilities for growth into the Canadian market and beyond.”