Israeli fintech co Lendai raises $35m

Israeli fintech company Lendai has announced the completion of a $35 million financing round in equity and debt seed funding. The round was led jointly by Meron Capital and Cardumen Capital, with participation from Discount Capital, Skywell Capital Partners, Mindset Ventures, and Viola Credit.

FinTech Startup Lendai Raises $35M for AI-Based Underwriting System

This additional funding will let the company let foreign, non-residential borrowers investing in U.S. real estate properties access immediate funding and competitive rates using its artificial intelligence (AI)-based Triple Digital Underwriting System, which aims to make…

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