https://www.smartcompany.com.au/startupsmart/news/boom-alternative-lending-startups/One such startup is Lumi, a local lender who’s founder Yanir Yakutiel just months ago closed a $31.5 million funding round to fuel his company’s growth. Today, he tells StartupSmart the business is already in the midst of a second funding round, with the space growing faster than he could have imagined.
“The market’s growing at a faster rate than me or any of my competitors can fund ourselves. Over the past 24-30 months that we’ve been doing this, we’ve seen double digits growth month-on-month,” he says.