Peer-to-Peer Loan Startup Blender Raises $22 Million in Debt Financing, Equity

By Meir Orbach

Israel-based consumer lending startup Blender P2P Israel Ltd. has raised $22 million in debt financing and equity, the company announced Monday. The debt round was led by Paris-based hedge fund Eiffel Investment Group SAS. The equity round was led by Thailand-based Asia Plus Group Holdings PCL, with participation from San Francisco-headquartered early-stage venture capital firm Blumberg Capital and Israeli construction company Aviv Group. The company did not disclose the financial details, but a person familiar with the matter told Calcalist on condition of anonymity that the equity raised amounted to $5 million.

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