Selina in a $150 million debt and series B equity financing led by Lightrock.

Selina Finance, a London, UK-based financial service provider, announced completing a financing round closed at $150 million.

The money represents mostly debt from Goldman Sachs and GGC and includes a series B equity funding round, raised from investors led by Lightrock and joined by Picus Capital and Global Founders Capital.

Selina Finance, founded in 2019 by Andrea Olivari, Hubert Fenwick and Leonard Benning, built a digital service for providing credit facilities up to £1 million which allow SMEs and consumers to borrow against the equity tied up in their homes or investment property. The company says the solution is with no setup, early repayment, or valuation fees – and has flexibility to allow borrowers to draw (and repay) funds whenever they choose, and pay interest on what is outstanding.

Seling previously raised £42 million in 2020 - £12 million equity from Picus Capital and Global Founders Capital - and £30 million in debt lines.