LendStreet raises $7 mln

LendStreet Inc said June 7 that it raised $7 million in Series A funding led by Prudential Financial Inc and Radicle Impact. LendStreet also raised $110 million in debt financing from Prudential and Community Investment Management. LendStreet joined existing investors Accion, the Center for Financial Services Innovation (CFSI), Serious Change, Crunchfund, Kapor Capital, and Cross Culture Ventures in participating in the round. LendStreet, of Oakland, California, is an online consumer debt restructuring and consolidation platform.

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