Fintech Franchise Network (FFN) was founded in 2022 as an expansion channel of Bright Side Loans and is based in Itasca, IL. The company leverages founder Greg Fasana’s non-prime lending platform and combines applied data science, custom models, analytics and workflow management across the application and customer lifecycle. Leadership includes CEO Glenn Hafner, COO Chris Jerzewski, and Chief Data Scientist Sandeep Devagiri; Hafner also leads capital raising and investor relations. FFN closed an $18M initial capital round that has allowed the business to launch. The funds will be used primarily as lending capital to fund non-prime consumer lending originations, with the balance deployed as working capital. Over the next five years the company plans to deliver 28 virtual lending branches (franchises) and targets a future valuation in excess of $300M.

Total raised

$18M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2023