The banks, both now strategic partners of debt marketplace CrossLend, have also invested in a $16.2m round for the company.

Germany-based digital lending marketplace operator CrossLend has completed a €14m ($16.2m) funding round backed by financial services firms SolarisBank and ABN Amro, the latter through its Digital Impact Fund.

Earlybird Venture Capital, Luxembourg Future Fund (LFF) and Lakestar also participated in the round, the latter two as existing investors.

Founded in 2014, CrossLend runs a digital platform that enables banks or alternative lenders to securitise individual loans into bonds in which other users can invest. It has formed strategic partnerships…