Ned
471 Stroudwater St, Westbrook, Maine, 04092, United States
Overview
Ned provides a white‑label cash flow lending platform that surfaces business performance throughout the lending lifecycle to improve visibility for lenders. Its end-to-end rail supports top-of-funnel prospecting through servicing and can enable a diverse suite of fixed and revenue-based repayment capital products. The platform offers customizable cash-flow scoring, underwriting tools, and servicing systems so lenders can size loans, underwrite based on revenue, and manage repayment risk. Ned targets businesses with strong fundamentals but limited traditional credit or collateral, enabling lenders to extend financing to underserved borrowers. The company plans to use new capital to accelerate technology development and deepen its cash-flow underwriting IP and servicing capabilities. Ned is backed by a group of fintech investors named in the announcement.
- Total raised
- $4M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Nov 2024
Industries
- Finance
- Financial Services
- FinTech
- Information Technology
- Software
Recent funding
Seed
Nov 2024
$4M