Digital Lending Options Supplier Mix Secures $74 Million by Sequence F Funding Spherical Led By Canapi Ventures

U.S. digital lending options supplier Mix introduced on Wednesday it secured $75 million by its Sequence F funding spherical, which was led by fintech-focused enterprise capital agency Canapi Ventures with participation from Temasek, Common Atlantic, 8VC, Greylock, and Emergence.

Based in 2012, Mix states it’s devoted to bettering client lending. It has partnered banks and lenders to energy “frictionless, compliant, and extra accessible” lending, beginning with mortgages. Mix additional defined it continues to construct on its substantial momentum in 2020 with quite a few new merchandise, together with its digital closing resolution for mortgages and residential fairness loans, a sublime cellular app for mortgage officers, and new reporting instruments for lenders. The corporate additionally introduced its growth into client banking and a brand new providing for auto loans in late 2019. 

Whereas talking concerning the funding spherical, Marc Greenberg, Head of finance at Mix, said:

“Our aim is to ship software program that provides lenders the flexibleness to satisfy the evolving wants of customers. We’re dedicated to being the digital layer that allows hundreds of thousands of individuals to realize entry to the capital they want, whereas serving to our clients be there as trusted advisors for each milestone in a client’s monetary journey.”

The Sequence F funds shall be used to proceed the expansion and improvement of the Mix platform.