Leading Fintech Solutions Provider FinMkt Closes $5 Million Series B Round Led by FINTOP Capital

Luan Cox from FinMkt, Inc.
07 Aug 2019

FinMkt, a leading New York-based B2B fintech solutions provider, announced today the close of its $5 million Series B preferred equity round led by FINTOP Capital with participation from existing investors including ManchesterStory Group and West Loop Ventures. FinMkt provides highly customizable technology solutions for the online lending industry. Through its multi-lender Gateway platform, FinMkt facilitates the submission of online loan requests and the delivery of competitive, pre-qualified loan offers from multiple lenders via a seamless online interface for the home improvement and retail services industries. In addition, FinMkt operates Lendvious.com and Bizloans.io, which it white-labels for clients. CEO and Co-Founder Luan Cox, says, “We are honored and thrilled to be partnering with FINTOP Capital, with the continued support of our existing investors, on this investment round. FINTOP’s deep knowledge about what it takes to run a high-growth, hugely successful fintech company will contribute immensely to our rapid growth. With this investment, we will continue to grow and develop products that provide robust, full credit spectrum solutions in partnership with our bank and non-bank lending partners. We will continue to strive to provide comprehensive lending-as-a-service solutions, for both consumer and small business loans, to our clients while also providing high-quality application volume.” Joe Maxwell, Managing Partner at FINTOP Capital adds, “FinMkt’s unique enterprise technology solutions and its deep bench of highly successful fintech leaders solve a huge problem for organizations looking to provide full credit spectrum lending options to customers. By working with banks and other traditional lenders, we believe FinMkt will be the backbone of innovation in helping these financial institutions become increasingly digitally-enabled and leverage best-in-class technology.” This investment comes ahead of the company announcing the launch of groundbreaking new real-time digital financing solutions with a network of lending partners.

About FinMkt With offices in New York City, Atlanta, San Diego and Hyderabad, FinMkt provides best-in-class, customizable online marketplace technology for the financial services industry. We help organizations rapidly deploy marketplace solutions in a timely, cost-efficient manner while ensuring the highest quality technology and client support. From customer acquisition to product matching to tracking and reporting, our secure, patented technology solutions are the gold standard of the financial marketplace ecosystem. FinMkt’s industry-leading, multi-lender platform and applications drive innovation, accelerate processes, and expand opportunities for growth in the financial services arena. For more information, please visit us at finmkt.com or email us at info@finmkt.io.

About FINTOP Capital FINTOP Capital, managed by seasoned financial technology operators, invests in B2B service-enabled SaaS and software companies in the fintech space, and brings real world understanding, networks, experience, and capital to grow those companies. To learn more about FINTOP Capital, visit www.fintopcapital.com. About ManchesterStory Group ManchesterStory Group is a venture capital firm targeting investments in fintech and healthcare, with a particular interest in technologies impacting the insurance industry. Focused on early to growth-stage companies across the United States, ManchesterStory Group seeks to generate superior returns by connecting exceptional entrepreneurs to strategic capital and relationships. To learn more, visit www.manchesterstory.com.

About West Loop Ventures At West Loop Ventures, we invest in B2B financial technology startups that solve problems in institutional finance. The opportunity is enormous. Our founders have hands on experience with the problems they are solving. They build innovative and scalable solutions. They have a growth mindset with openness to mentorship. They also have an inside track to selling to their customers. To learn more, visit www.WestLoopVentures.com

For more information, please contact:
Luan Cox
FinMkt, Inc.
222 5th Ave, 5th floor
10001 New York
United States

Category: Lending (B2B OR B2C)
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