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Fundera Reels In Series B Venture Capital

Friday, September 18, 2015 5:19:00 AM PDT | VentureDeal
   New York, New York  --  Financial services technology company Fundera secured $11.5 million in its second round of institutional venture capital funding.

Fundera has developed an online marketplace that enables small business owners to apply for loans and receive decisions quickly.

The company matches non-bank lenders to provide capital to small businesses that would otherwise be unable to qualify for a loan.

Susquehanna Growth Equity led the round, which also included QED Investors, Khosla Ventures and First Round Capital.

The company did not say how the funding proceeds would be used.

Fundera CEO Jared Hecht also co-founded the company.

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