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Venture Capital News: Lendio Snares $55M in Equity and Debt

2020-02-28
LEHI, UT, Lendio has secured a $55M financng round, which included $31 million in equity led by Mercato Partners.
According to Business Insider, Lendio has secured a $55M financng round, which included $31 million in equity led by Mercato Partners' Traverse Fund and a $24 million debt facility from Signature Bank. The oversubscribed equity round included participation from Napier Park Financial Partners, Comcast Ventures, and Blumberg Capital.

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