London-based fintech startup Outfund, which claims to change the way online businesses raise funds has announced a new investment. With this investment, the startup now claims to be the largest revenue-based fintech lender in the UK.
Secures €40.7M funding
Outfund has announced the close of a £37M (nearly €40.7M) late seed round of capital, including debt and equity. The round was led by Fuel Ventures along with TMT Investments and Force Over Mass and Chris Adelsbach, a key industry angel.