News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fintech

Credit Suisse anchors fintech lender’s new fund with £225m pledge

Consumer-loan platform Lendable has secured a financing commitment from the Swiss bank

Credit Suisse anchors fintech lender’s new fund with £225m pledge
Photo: iStockPhoto

Credit Suisse has agreed to invest up to £225m in a new fund originated by Lendable, the digital lending platform.

The Lendable Credit Opportunities fund will initially invest in loans sourced by Lendable and will target an annual return of around 15%.

WSJ Logo