Peach Finance’s US$20 Million Series A Funding

Sidley Austin advised Peach Finance on the deal.

Peach Finance, a modern SaaS-based loan servicing platform, announced its US$20 million Series A funding. Canapi Ventures led the round with participation from existing and new investors SciFi VC, Caffeinated Capital, Nyca Partners, and Moore Specialty Credit.

Peach is the first all-in-one SaaS platform addressing the full range of evolving needs of fintech companies and established financial institutions, such as banks and credit unions, through its loan management, servicing, and product offerings.

The Sidley team was led by Idan Netser (Emerging Companies, Venture Capital and Tax, Picture) and Jim Bishop (Emerging Companies and Venture Capital), and included Shaika Ahmed (Emerging Companies and Venture Capital).

Involved fees earner: Shaika Ahmed – Sidley Austin LLP; Jim Bishop – Sidley Austin LLP; Idan Netser – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Peach Finance;

Author: Martina Bellini