Global Analytics Holdings, Inc., the Edgware, UK and San Diego-based parent company of Zebit, a provider of a Big Data underwriting solution for financial products, received a a $30m term debt facility from Crystal Financial LLC.
The company, which had previously raised $65m in equity and debt financing, intends to use the funds to expand globally.
Led by CEO Michael Thiemann, Zebit has developed an open platform for companies to offer products that include short term loans, lines of credit, and secured and unsecured credit.
Global Analytics also operates Lending Stream, a UK short-term lender.
24/05/2012: Zebit Closes $25M Series D Funding