William Fry advised Future Finance Loan Corporation Limited, a Dublin company which provides loans to students in Europe using big data algorithms to assess their credit-worthiness, on their recent funding round of nearly €150m. This included €23.8m in Series B equity and €125m towards future loans made through the platform.
This new funding round will assist Future Finance in providing more loans to students in their main markets of the UK and Germany and will allow them to undertake a European expansion.
Future Finance’s equity investors now include QED Investors, Blackstone Strategic Opportunity Fund, Colchis Capital, Invus Opportunities, KCK, DW Partners, Fenway Summer Ventures, Ridge Road Partners and 1/0 Capital.
William Fry previously advised Future Finance on its initial funding round and on regulatory matters.
To speak to William Fry regarding Irish fund raising options please contact Ivor Banim.