UK’s Lendable Raises Debt Backed by Personal-Loan Portfolio
UK digital lender Lendable Ltd. is raising £500 million ($671 million) by selling securities backed by a portfolio of personal loans, a deal that would support its ambitions to push further into lending.
<p>UK digital lender Lendable Ltd. is raising £500 million ($671 million) by selling securities backed by a portfolio of personal loans, a deal that would support its ambitions to push further into lending.</p>