Fintern, a UK credit technology platform, has secured GBP8 million of new capital in its latest funding round. The investment, which brings the Company’s total capital raised to GBP40 million and will help drive expansion plans, was led by Hambro Perks, an international investment firm focused on private investing.
The investment round also included an equity investment from Fintern’s primary debt provider, Varengold Bank, and other high-net-worth individuals. Osborne Clarke LLP advised Fintern on the fundraising.
The proceeds from the investment will be used to bolster Fintern’s presence in the UK, build out its team and launch its first B2B partnerships.
