The debt facility will allow the one-year-old private credit fund to lend to mortgage brokers, insurance brokers and financial planners.
Private credit player Broker Capital, which specialises in lending to mortgage brokers, has beefed up its acquisition warchest with a new $40 million senior debt facility.
Simon Lewis is the founder of Broker Capital.
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London’s Ancep has raised $8.5m, led by Creandum with Kleiner Perkins, for AI agents that help insurance brokers place the smaller risks they turn away.
Exclusive: Ofgem to be given powers to issue fines and rein in bonuses for executives who ‘reward themselves while customers suffer’
But opting out of data sharing still comes with tradeoffs.
The White House announces the US first lady helped broker a local ceasefire on humanitarian grounds in the Ukrainian town as Washington sends mixed messages on Starshield.
Ukraine and Russia have not confirmed the truce in Russian-occupied Oleshky, where residents have had to eat garden weeds to survive.
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