Channel is delighted to have completed an upsize in its funding for one of its fintech platform partners. The platform uses blockchain technology to track and confirm invoices, as well as process payments, providing a secure payments solution. In turn, Channel use its own proprietary technology to connect to the platform, allowing us to monitor and manage risk exposure.
Paul Wilson, Chief Investment Officer at Channel commented “We are thrilled to support the growth of our client and look forward to further developing this partnership which started five years ago. This is the latest transaction as part of Channel’s ongoing support of alternative finance providers as it expands its digital lending and Embedded Finance activities.”
