Monday, June 13, 2016

Ascend Consumer Finance Raises $11M

San Francisco-based Ascend Consumer Finance, which provides consumer lending services, using real time data and analytics to track a consumer's financial behavior, has raised $11M in a follow on funding round, according to the company. The funding came from Mucker Capital, OCA Ventures, Partech Ventures, Tekton Ventures, Cendana Investments LP, and the venture-focused subsidiary of Securian Financial Group, along with Financial Solutions Lab, managed by the Center for Financial Services Innovation and JPMorgan Chase. Steve Carlson is CEO of Ascend. More information »