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Elliott Management Invests Series B In Plum Lending

Plum Inc., a San Francisco based fintech lender, announced today a Series B equity investment by the $35 billion hedge fund, Elliott Management. Bill Fisher, Plum’s founder and CEO, said “Elliott Management is generally recognised as one of the savviest investors of the modern era, and Plum is proud to partner with them in rapidly scaling our breakthrough business model into a national commercial real estate franchise”. Elliott’s decision follows earlier investments in Plum by QED Investors and Renren Inc. About Plum: Plum is using data science and artificial intelligence to re-imagine the $4 trillion commercial real estate mortgage market. To learn more, visit plumlending.com. About Elliott...