P2P lender Capital Match raises Series B from B Capital Group

SINGAPORE (Jan 25): Debt and invoice crowdfunding platform Capital Match has raised an undisclosed sum in Series B funding. The round was led by B Capital Group, a venture capital firm backed by Facebook co-founder Eduardo Saverin.

The peer-to-peer lender said the round was oversubscribed. Existing investor Dymon Asia Venture Capital Fund also joined the latest fund raising.

“Capital Match is well positioned to transform lending to SMEs with its strong credit processes, operations and technology,” says Kabir Narang, partner at B Capital. “SME lending is a massive market that is only starting to get impacted by technology and online lending platforms in Southeast Asia.”

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