CircleBack Lending

lendingonline loans

STATUS: Closed
FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 17/07/2020

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MEDICI Analysis

CircleBack Lending is an Internet-based credit platform. It provides a secure, transparent, and efficient marketplace for accredited institutional and individual investors to purchase fixed income assets backed by consumer credit products.

Focus

PRODUCTS & SERVICES

Online Lending It offers institutional investors a robust, transparent platform to invest in the consumer loans

REVENUE MODEL

One-time origination fee on funded loans

COMMENT

Provides a fast and efficient way to borrow money at attractive interest rates.

Traction

VALUATION / MARKET CAP:

$116.67 M in 2015

People

FOUNDERS

Todd Walters

BOARD MEMBERS AND ADVISORS

Richard Taverna

Donald Kumka

Ed Murphy

John Donovan

Jay Rand

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Christopher Bartz

Elephantech Holdings

Pine River Capital Management

Randy Benn

Momentum

FUNDED

YES

TOTAL FUNDING

$20 M

DATE OF LAST FUNDING

Jul 2015

SEED & PRIOR FUNDING

$2.5 M

SEED CLOSED ON

Jun 2014

FUNDING SERIES

SERIES A  · $17.5 M  · Jul 2015

LISTED

NO

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