Branch International banks $70m

Mar 30, 2018 • Robert Lavine

The emerging markets-focused online lender has raised debt and equity financing in a series B round featuring CreditEase Fintech Investment Fund.

Branch International, the US-based operator of an online bank for emerging markets, has received $70m in series B debt and equity financing from investors including online lending platform CreditEase’s Fintech Investment Fund.

Venture capital firm Trinity Ventures led the round, which also featured VC firm Andreessen Horowitz, investment firm Victory Park Capital and International Finance Corporation, the private investment arm of the multilateral World Bank.

Founded in 2015, Branch International runs a data technology-equipped online lending platform that has already…

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