MMKT Exchange Closes $5.9M Funding

MMKT Exchange LLC, a New York City-based loan syndication platform, closed a $5.9m funding round.

The round was led by QED Investors, with participation from Victory Park Capital, Fifth Street Asset Management Inc., Vikram Pandit, Ron Suber and other high net worth and institutional investors.

The company intends to use the funds to accelerate the growth of its infrastructure and sales team, expand its product offering and execute its product roadmap.

Founded in 2015 and led by President David Tannenbaum and Interim CEO and Chairman Leonard M. Tannenbaum, MMKT provides qualified institutions and lenders with tools to view and purchase middle market loans in a centralized marketplace.



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