Funding platform for telcos Lenderwize dials up €100 million – Tech.eu
London-headquartered Lenderwize has raised €100 million in a new funding round. The company provides embedded finance solutions via an investor-driven marketplace to help telecommunications companies handle cash flow issues. Employing a host of fintech tools, the Lenderwize platform provides investors with a dashboard that offers up proof of service by sharing data for each commodity such as call duration, origin, destination, and cost. “We have a successful track record with Lenderwize as its platform truly mitigates risk , while capturing a whole new asset class to invest into. Lenderwize is serving a huge addressable market in the telecommunications sector with a unique model and an innovative platform,” commented Fasanara’s CEO Francesco Filia.