What is Selina Finance? Selina Finance Review

Basic Introduction

Selina Finance is a digital loan servicer that provides loans to SMEs in the form of flexible credit instruments. It enables SMEs and consumers to collateralize their equity in their homes or investment properties. The company says the solution requires no set-up, early repayment or assessment fees, and is flexible, allowing borrowers to withdraw (and repay) funds at any time when they choose, and pay the outstanding interest.

About the Team

We are an ambitious and diverse team of highly skilled professionals with backgrounds in private equity, fintech, management consulting and more.

Financing

In July 2020, it completed a financing of US$53 million, led by Picus Capital and Global Founders Capital. The funds will be used to expand the user base in the UK and develop the European market.

References

• 1. Quickly approve real estate mortgage loans, "Selina Finance" completed US$53 million in financing: 36kr [reference date 2020-07-29T16:00:00.000Z]