Bright Money raises USD 62 million in equity, debt funding
The funding includes USD 50 million in debt from Encina Lender Finance and USD 12 million in equity led by Alpha Wave, Hummingbird, and PeakXV, Bright Money said in a statement on Wednesday.
Encina Lender Finance provides lending solutions to consumer and commercial speciality finance companies across the US and Canada. Image Courtesy: Freepik.