Insikt, a San Francisco, CA-based fintech startup specializing in lending as a service, received an investment of undisclosed amount.
Leap Global Partners, a Palo Alto, CA-based firm focused on investing in Latino-founded companies, provided the funding.
The company intends to use the funds to continue to expand operations.
Founded by James Gutierrez (founder and former CEO of Oportun, which has lent over $4 billion to the US Latino community), Insikt is an online lending as a service (LaaS) loan origination and investing platform, which enables brands to lend to its customers, and gives accredited investors access to invest in consumer loan portfolios.
FinSMEs
18/08/2017