MarketInvoice, a London, UK-based peer-to-peer lender, raised €5m in funding.
Backers included Northzone and Paul Forster, co-founder and former CEO of Indeed.com. In addition to the investment, Northzone joined MarketInvoice’s board.
The company intends to use the funds to scale its operations.
Led by Anil Stocker, Co-Founder and CEO, MarketInvoice provides a peer-to-peer lending platform that enables businesses to sell outstanding invoices direct to investors to raise working capital. Nearly £300m has been traded across the platform, and nearly £200m this year alone.
The company is hiring.