Allianz has co-led a funding round for Lendix, which will help the company to expand to additional countries across Europe by the end of the year.
France-based lending marketplace Lendix has raised $37m in a funding round co-led by insurance provider Allianz and venture capital firm Idinvest, TechCrunch reported yesterday.
Insurance companies CNP Assurances and Matmut also participated, as did family offices CIR and Decaux Frères Investissements.
Lendix operates an online lending marketplace that enables private investors to provide capital to small and medium-sized enterprises. It has been developing a platform called Iris that parses business data to build generate a credit score and generate an…