Israeli credit market is growing, and Magen Credit just raised NIS 117m.
As Israel’s credit market grows in the wake of 2019’s implementation of credit scores, some hefty funds are flying into the sprouting sector.
Source: jpost.com
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Lumi adds 4 BDMs to roster
The SME lender has expanded its broker support network, naming four new business development managers to cover Queensland, Victoria and NSW.
Source: theadviser.com.au
SME lender raises $10m to expand scope
Fintech lender Lumi will “double its headcount” and expand its technology platform after raising an additional $10 million dollars in the past three months. The $10-million raise from long-time i
Source: theadviser.com.au
Perennial, Arbel double down on SME lender Lumi
Only two months since closing a $20 million round, SME lender Lumi has raised another $10 million after exceeding its growth forecasts.
Source: afr.com