The round was led by Clydagh Limited, Estuary Holdings Ltd. and Alpama Limited along with existing investors.
The company intends to use the funds to expand its series of benchmarks and launch a pilot program for its patent-pending regulatory technology product.
Led by Kim Wales, CEO, and founder, CrowdBureau collects, consolidates, and unifies data from marketplace lenders globally and provides benchmarks, research and data analytics, and risk management tools for non-listed opaque asset classes.
The company serves peer-to-peer lenders, regulators, financial institutions, and asset managers.
At the end of 2018, CrowdBureau released the CrowdBureau® Peer-to-Peer Lending and Equity Crowdfunding Index that tracks the price and total return performance of publicly traded firms domiciled across the globe but listed for trading in the United States that comprise four segments in the P2P lending ecosystem.
This benchmark underpins the exchange traded fund, LEND that Amplify ETFs launched on May 9, 2019, and listed on the New York Stock Exchange.
FinSMEs
04/09/2019