Angel News

Angel News

Back to Homepage

18th December 2018

Blend Network secures £10m of seed funding

PEER-TO-PEER development loans platform Blend Network has secured £10m of funding from private investors.  The late-seed round of financing was backed by investors including Cyrus Ardalan, former vice chair of Barclays and current chair of OakNorth Bank and Citigroup Global Markets, the family office of Publicis Group chairman Maurice Levy and Jean-Phillipe Blochet, co-founder of hedge fund Brevan Howard.  The London-based firm said on Monday that the oversubscribed funding round comprises a combination of equity, to scale up the business, and commitments to lend via the platform.


Register / Login now to read full story

In order to read the full story we need you to be registered with us, please click the links below to login or register.

Login / Register

Add a comment:




Enter the characters in the image shown:

Back to Homepage