Can Data Driven Lending Displace VC Funding For Some Firms?
PYMNTS
DECEMBER 17, 2019
CircleUp entered the market in 2012 as a data driven variation on venture capital (VC) funding to solve for part of that problem in retail and consumer packaged goods (CPG) firms. CircleUp’s lending platform was founded in 2017 to fill that hole and has underwritten about $300 million in loans since then. The first is focus.
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