Daily Briefing: Lending platform Lend East to raise $68.07m in debt; Alexis shop units for sale at $10m

Submitted By:  Clarist Zablan Case Study:  No And former Citi managing director joins Temasek’s Pavilion Energy. From e27: Digital lending platform Lend East is raising $68.07m (US$50m) in debt capital from a network of unnamed family offices and credit funds in the US, Singapore and India. It plans to use the funds for onward lending to borrowing platforms, it said in a press note. The startup has already “received its first cheque” and looks to close the round by Q3 2020. read more