Thursday, December 14, 2017

INSIKT Gets $50M For Lending and Credit

San Francisco-based INSIKT, which operates a white-label lending service for underbanked families, has raised $50M in a Series D funding. The funding was led by Grupo Coppel, and also included First Mark Capital, Revolution Ventures and Colchis Capital. Grupo Coppel is a provider of banking services in Mexico and Lain America. INSIKT says it has now raised $100M in total. James Gutierrez is Co-Founder and CEO of INSIKT.