Business · World

Lendable raises $670 million for global expansion efforts.

1 sourceFirst reported 12 days agoUpdated 12 days ago

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Lendable, a UK-based digital lender, has raised £500 million (approximately $670 million) through a securities sale.
The funding will be used to support its global expansion efforts.
The securities sold are backed by personal loans.
This financing signifies Lendable's continued growth in the digital lending space.
The announcement of the funding was made on July 10, 2026.

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AI summary: catch up in 20 seconds

Lendable, a UK-based digital lender, has raised £500 million (approximately $670 million) through a securities sale.
The funding will be used to support its global expansion efforts.
The securities sold are backed by personal loans.
This financing signifies Lendable's continued growth in the digital lending space.
The announcement of the funding was made on July 10, 2026.

Generated by AI from the 1 sources below · always verify with the originals