LQD Business Finance uses its proprietary underwriting and risk management platform, LQD Matrix, to offer structured loans to small and medium sized businesses nationally. Unlike most existing fintech lenders that focus on loans of less than $100 thousand, LQD targets larger near-prime and mid-prime loans of up to $2 million.
Peak Ventures is an early-stage venture capital firm based in Provo, Utah. Peak Ventures backs talented entrepreneurs going after big markets with exceptional technologies. ZipBooks is the first accounting software program that lets business owners send and finance an invoice in a single click. ZipBooks provides bookkeeping and credit card processing features without a paid monthly subscription.
PRNT is the first, and only, ETF in the U.S. to focus solely on the 3D printing ecosystem. While 3D printing is a $5.2 billion market today, ARK estimates that it could grow to more than $40 billion by 2020 and McKinsey projects a growth of up to $490 billion by 2025.
The influx of capital is a combination of equity capital to fund operations and lending capital to fund loans. Additionally, the company announced the acquisition of Gradible to build out a new employer platform for student loan repayment.
Amplerohas closed an $8 million Series A funding led by Wildcat Venture Partners with participation from Globys/Trilogy Equity Partners, Salesforce Ventures and Seven Peaks Ventures. The company will use the capital to build upon its early success in telecom and gain market traction in the gaming, banking and subscription software verticals.