Fintech Startup StreetShares Raises $10.3 Million
August 7, 2017
1:19 pm
![StreetShares Raises $10.3 Million to provide lending solutions to veterans](https://i0.wp.com/newscenter.io/wp-content/uploads/2017/08/slide-one.jpg?fit=1300%2C677&ssl=1)
Credit: streetshares.com
StreetShares announced it has raised $10.3 million in financing from an undisclosed investor.
StreetShares aims to build trust and community around digital lending for American small businesses. The company brings like-minded investors together with small business owners who are looking for funding to grow. Business owners pitch their businesses through a three-step, mobile-enabled application, and investors compete to fund them via auction. The lowest bids combine to form a single loan at the lowest available interest rate. StreetShares lends to all qualified American small businesses, but it has a particular focus on providing veteran business loans.