Become scores $12.5M Series A for its business lending marketplace

INSUBCONTINENT EXCLUSIVE:
Become, the Israeli startup that operates a business lending marketplace to give SMBs more funding options, has closed $10 million in Series
A investment
think it is
This is supported by a personalised plan and monitoring system to help SMBs become more transparent and therefore viable to lenders.The
Become marketplace then allows multiple lenders to offer tailored offers to the businesses registered on the platform and compete for an
There may be some lenders, for example, that have a better loan product or rate that better suits their business.Finally, the lack of
transparency throughout the process leaves SMBs completely in the dark
The entire process is online from start to finish, with Amirav claiming that funding is made possible in as little as 3 hours
regards to competitors, Become competes with both lending marketplaces and business profiling products
for offline activity
business owners registered on its platform, supported by an ecosystem of more than 50 lenders and partners, including PayPal, OnDeck and
Kabbage
The fintech, which has offices in San Francisco and Tel Aviv, has facilitated more than $165 million in business loans to date.