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Deutsche Bank, Morgan Stanley, US Bancorp and Wells Fargo led a $40m funding round in Versana.

Synopsis

Deutsche Bank, Morgan Stanley, US Bancorp and Wells Fargo led a $40m funding round in Versana, a fintech bringing transparency, efficiency and velocity to the syndicated loan market. "We’re thrilled to welcome our new investor banks to Versana and appreciate the tremendous value they will bring to our platform. We now have seven of the top 10 major US agent banks committed to our game-changing digital data platform, further validating our scalability and mission to modernize the loan market," Cynthia E. Sachs, Versana Founding CEO.

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