Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Startup Weekly: Starling Bank’s hackathon, FoodTech awards & more

Need to Know

A happy workforce: The key to business success

Need to Know

Here’s how your tech firm can exploit the podcasting revolution

Press Releases

Software testing leader TestPlant appoints Dr. John Bates as CEO
CreditLadder appoints Proptech Expert Sheraz Dar as new CEO
Hermit: A Startup With New Ideas About Office Space

E-lending platform EZBob raises £20m in Series C funding

UCL money funding
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

E-lending platform EZBob Ltd has raised £20m in Series C funding in a round led by Leumi Partners and Oaktree Capital Management.

According to statement, the company will use the new funds to increase its lending capacity and continue to develop its technology platform.

Tomer Guriel, CEO and co-founder of EZBob, said: “Raising investment from a leading global bank in digitalisation and an active investor within tech is proof of our game-changing technology and unique approach to business lending. This latest investment will further accelerate our growth plans and enable us to continue to develop our proprietary business lending platform to address more of the UK’s business lending needs.

P2P lending platform Funding Circle raises $100m

“Oaktree’s additional investment is an endorsement of the management team, the business’ scalability and the appetite for a fresh approach to business finance in the UK.”

Leumi Partners is the investment arm of Bank Leumi, one of Israel’s biggest banks with a history of investing in technology.

Professor Danny Tsiddon, chairman of Leumi Partners and Leumi Group deputy CEO, added: “This is Leumi’s first major investment in FinTech outside of Israel.

“Business e-lending is rapidly growing around the world and is attracting global banks, who see its potential and allocate more and more resources towards it. It is only natural that a bank which specialises in Israeli high-tech and spearheads innovation has chosen to invest in this leading FinTech start-up,” concluded Tsiddon.

Enter your e-mail address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

startup weekly (4)

Startup Weekly: Starling Bank’s hackathon, FoodTech awards & more
posted 8 hours ago

happy workers

A happy workforce: The key to business success
posted 11 hours ago

podcasting revolution

Here’s how your tech firm can exploit the podcasting revolution
posted 12 hours ago

Lee Evans - SurveyMe

Cheshire-based mobile app SurveyMe gets £2m
posted 13 hours ago

TWIT - Emily 23.02.17

A £12m series B, a £57.5m fund for Northern SMEs, a hoverbike and more in The Week in Tech
posted 16 hours ago

Team_Monzo

Challenger bank Monzo announces £19.5m investment
posted on February 23, 2017