Cloud Lending Solutions Inc., a global cloud-based financial services technology company, received an investment from ABN AMRO’s Digital Impact Fund (DIF).
The amount of the deal was not disclosed.
The company intends to use the funds to further global expansion.
Led by Snehal Fulzele, CEO, Cloud Lending Solutions provides banks, credit unions, traditional finance companies, online lenders, and marketplace platforms with a cloud-based end-to-end loan and leasing software specifically designed to simplify and digitize the entire lending process; from origination, underwriting, servicing, to collections, creating a single system of record within lending operations.
Built on Salesforce, the solution will enable ABN AMRO to develop and go to market with user-friendly digital credit solutions for their retail and corporate clients.
The company has offices in San Mateo, London, Sydney and Bangalore.