Announced
Financials
Sources
Tags
Private Equity
Domestic
Pending
loan marketplace
United States
Single Bidder
Consumer Lending
Friendly
Minority
Acquisition
Private
Synopsis
Nomura Strategic Ventures, an investment firm, agreed to invest in Percent, a loan marketplace. Financial terms were not disclosed. “Our strategic initiatives will help unlock the potential of the platform that we have built thus far and help realize our long term vision to modernize private credit markets. Prior to Percent, transaction parties relied on antiquated systems and disjointed processes to manage the lifecycle of a private credit deal,” Nelson Chu, Percent Founder and CEO.
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