Vince Passione

LendKey celebrates $13M Series C

  Lending-as-a-Service solutions provider LendKey has secured $13 million in Series C funding led by North Atlantic Capital. Existing investors DFJ, Updata Partners, Gotham Ventures and TTV Capital also participated. Funds are earmarked for staffing and service delivery. The funding ...

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LendKey names Mehta Senior VP

Lending-as-a-Service platform LendKey has named Salil Mehta its new Senior Vice-President. He will oversee data and analytics growth. Following the financial crisis Mr. Mehta was Head of Analytics for the Department of the Treasury’s financial stability office. His duties included ...

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Financing deals announced at LendIt

Several platforms used this week’s LendIt conference in New York City to announce significant financing agreements. Online platform LendKey struck a deal with MidCap Financial where MidCap agreed to purchase up to $1 billion in student consolidation loans originating on ...

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LendKey lands key financing from MidCap Financial

Online student loan refinancing platform LendKey has secured up to $1 billion in financing from specialty finance firm MidCap Financial in a deal they claim is largest ever institutional financing commitment to an online student loan refinancing platform. MidCap will purchase ...

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