British embedded lending infrastructure provider Youlend has announced a new $1 billion financing facility from Castlelake (Finextra). The global alternative investment firm Castlelake has supported Youlend in Europe already with subordinate debt in 2023 via it’s private securitisation deal with J.P. Morgan. The new partnership is solely focused on the US, where Youlend has announced new strategic partnerships with Etsy, FreshBooks, and Paysafe. At the same time, Youlend’s British fintech partner Dojo announced that it has extended over £1 billion in funding to British SME’s since the launch of the cooperation in 2020 (Fintech Finance News).
Youlend secures $1 billion financing facility
Youlend secures $1B financing facility from Castlelake for US expansion with Etsy and FreshBooks while Dojo partnership surpasses £1B in UK SME lending.
By
Lars Markull
Published:
Last updated:
Lars Markull
Founder of Embedded Finance Review. 10+ years in fintech, including employee #1 at figo (open banking) and first Head of Banking at Weavr. Based in Berlin.
All articles
Providers in this story:
YouLend
More in Embedded Lending
See all
