U.S. technology-enabled lending and asset management firm Applied Data Finance has raised an additional $17.8 million in equity financing.
The funds were secured as a follow-on to its July 2018 raise of $140 million of debt and equity capital.
The company plans to use the funds to advance its continued development as well as reach more individuals in need of credit.
Applied Data Finance has secured a total of $239.3 million in over 6 funding rounds.