Digital lender Mix raises $300m in Sequence G funding spherical – FinTech Futures


US-based digital lending agency Mix has raised $300 million in a Sequence G funding spherical led by Coatue and Tiger International.

The capital will “gas Mix’s subsequent part of progress” and assist funding in its services and products.

Mix has raised $665m to date

Mix says it helps streamline the shopper journey for any banking product. It ranks Wells Fargo, BMO Harris Financial institution, and US Financial institution amongst some 285 prospects.

Key parts of its providing embody a “unified configurable platform” for mortgages, client loans, and deposit accounts. The agency additionally provides an “end-to-end” digital mortgage answer.

Mix claims to course of greater than $4 billion in mortgages and customers loans per day. The brand new elevate sees it double its worth to $3.3 billion in 5 months.

“We’re working to construct a wiser future for banking that delivers an end-to-end digital expertise for any client banking product,” says Nima Ghamsari, Mix founder and CEO.

“We’re serving to our lenders be there as trusted advisors for his or her prospects at each one among life’s milestones.”

The Sequence G is Mix’s largest to this point. It has raised $665 million in complete throughout 9 rounds stretching again to 2012.

Associated: India’s Udaan lands $280m in Series D funding


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