AI-Powered Debt Trading Platform Metechi Raised $5M to Help

AI-Powered Debt Trading Platform Metechi Raised $5M to Help Brokers Sell Distressed Debt at Scale


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NEW YORK, Dec. 22, 2020 /PRNewswire/ --
Metechi has raised $5 million in funding for its AI-powered debt trading platform that facilitates the buying, selling, origination, and syndication of commercial loans at scale. 
The investment round was led by notable angel investors including Shimon Weintraub, the Co-Founder of Brack Capital Group. Former CEOs of Bank Hapoalim and prominent CRE investors, Zion Kenan and Ari Pinto also took part.
The funding round facilitates Metechi's growing success with over 1,000 US banks, institutional investors, and brokers already on the platform. Buyers and sellers are granted access to this vast, pre-screened network that continues to grow by the day.

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