Source: abladvisor.com, Date: 11/7/2023 7:00:00 AM, Article: In this second installment of a quarterly ABL Advisor article series, Charlie Perer meets with commercial finance industry professionals to discuss the state of the lender finance industry and general market dynamics. The objective of this series is to engage with a panel of industry leaders specializing in lender finance, with the aim of gaining.
Consumer fintech company Bright Money on Wednesday announced it has raised $62 million in an equity and debt round.The funding includes $50 million in debt from Encina Lender Finance and $12 million in equity led by Alpha Wave, Hummingbird, and .
Bright Money, an AI-enabled personal finance platform has raised $62 million in a mix of debt and equity from Encina Lender Finance, Alpha Wave, Hummingbird, and Peak XV.