The equity round was led by Point72 Ventures, with strong participation from Foundation Capital, who led the debt tranche closed previously, Court Lorenzini, founder of DocuSign, Hambro Perks, and other existing investors.
Trade Ledger enables lenders to provide credit to small and medium enterprises (SMEs), by showing them at a glance the information they need to make good decisions. Trade Ledger brings together all the data that lenders need throughout the customer lifecycle, analyses that data, and automates key processes. Lenders can move into new services such as embedded finance, including offering loans as part of the payment journey on websites selling to businesses.
With the new funding, Trade Ledger will grow out its sales, marketing, and customer delivery teams.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.