Printer Friendly

Align Income Share closes Series B funding round.

BANKING AND CREDIT NEWS-May 20, 2019-Align Income Share closes Series B funding round


Align Income Share Funding, a provider of Income Share Agreements (ISAs), has announced the close of its Series B financing round to drive continued growth and expansion, the company said.

The funding round was led by CMFG Ventures, CUNA Mutual Group's venture capital arm. Other existing investors participating in the round included Continental Investors LLC, the fund founded by Philip J. Purcell who led Align's Series A in 2016.

Align Income Share Funding, founded as Cumulus Funding in 2011, is the nation's only provider of ISAs (Income Share Agreements) for general use, providing a rapidly growing number of people access to money in a more flexible and fair way.

((Comments on this story may be sent to

COPYRIGHT 2019 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 Banking & Credit News (BCN)
Date:May 20, 2019
Previous Article:OnPoint Community Credit Union bolsters financial education with local nonprofits partnerships.
Next Article:American Financial Resources to participate in Next Step Network.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |