Cadence Group dba Percent Technologies has filed a notice of an exempt offering of securities to raise $12.5 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Cadence Group dba Percent Technologies is raising $12,499,982.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Nelson Chu played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Cadence Group dba Percent Technologies
Percent has created the modern credit marketplace, empowering investors, borrowers, and underwriters with innovative technology to increase the speed and velocity of transactions at a fraction of the cost. The companys core infrastructure delivers public market efficiencies to the analog private credit market by powering the sourcing, structuring, syndication, surveillance and servicing of private credit transactions from beginning to end. Founded in 2018, Percents platform is becoming the market standard for asset-backed and corporate lending, powering over $1 billion in transaction volume in a multi-trillion-dollar private credit industry. For additional information, please visit www.percent.com.
To learn more about Cadence Group dba Percent Technologies, visit http://percent.com/
Contact:
Nelson Chu, Chief Executive Officer
646-876-5141
https://www.linkedin.com/in/nelson-chu/
SOURCE: http://www.intelligence360.io
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