This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Pigeon Loans raises $2.5m in Seed funding

Miami based P2P lending startup raised $2.5m in Seed funding led FundersClub.

“About one third of Americans are cut off from the traditional credit system,” said Clauson, noting a recent Bloomberg finding that 26 million Americans borrowed from friends and family in 2021 – up from 19.5 million in 2020. “We’re trying to serve these folks that are hurt by the pandemic and the current economic uncertainty and don’t have alternative sources of funding.”

Tags

p2p, b2c, lending, alternative