The Marker

BLender raises $5 million for peer-to-peer lending in funding round led by Blumberg Capital

”This funding will help us to strengthen BLender’s position in Israel and to enter new markets in Western Europe and Latin America,” said Dr. Gal Aviv, the CEO. David Blumberg, managing partner of Blumberg Capital, said, “We have witnessed the growth of the field of P2P and its transformation into a legitimate alternative to the traditional lending markets in many countries around the world. As a fund that has previously invested in B2B and B2C credit card companies and marketplaces and in many other companies in the field of credit and FinTech, we have no doubt that BLender offers a unique product in the field, with innovative and groundbreaking technology.” Read more.