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Venture Capital News: StreetShares Secures $10M Venture Round

2020-10-26
RESTON, VA, StreetShares has secured a $10 million round of funding.
StreetShares, a mission-driven financial technology company, announced today they have secured a $10 million round of funding from Motley Fool Ventures, Ally Ventures (the strategic investment arm of Ally Financial), and individual fintech angel investors.

StreetShares, led by Mark L. Rockefeller and Mickey Konson, launched digital small business lending technology for banks and credit unions in 2019.

StreetShares is a financial technology company that helps financial institutions provide high-quality loans to small businesses. Started in 2014 as a low-cost, digital lender to veteran-owned small businesses, StreetShares built a small business underwriting technology. StreetShares launched business lending solutions technology to allow community banks and credit unions to affordably make small business loans with a 100% digital, omni-channel experience.
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