Deutsche Kreditbank and LGT Group have put their weight behind Loanboox’s $22.2m series B round, which has boosted the lending marketplace’s valuation to $122m.
Switzerland-based debt financing platform operator Loanboox has raised CHF22m ($22.2m) in an oversubscribed series B round backed by financial services firm Deutsche Kreditbank (DKB).
Private banking and asset management group LTG Gruppe also participated in the round, as did family offices Mutschler Ventures and Delphen, and assorted angel investors. Loanboox is now valued at $122m.
Founded in 2016, Loanboox has developed an online platform that enables public-sector authorities, financial services firms, large enterprises and institutional investors to access significant amounts…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
