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The first successful exit of APEX Ventures


UK Startup Lendflo was acquired by ABHH Group, owner of Alfa Bank

APEX Ventures, where Q·ADVISERS is a strategic shareholder, made an exit in a British invoice financing platform Lendflo. The company was acquired by ABHH Group, the owner of Alfa Bank. The APEX team has managed a successful exit just 8 months after the initial investment.

After leading the financing round in July 2019, the APEX team helped Lendflo with a crucial shift in business strategy, from a P2P platform to a B2B white label technology solution. This step has initiated the first contact with banks and alternative lenders and eventually attracted a strategic buyer ABHH Group.

Originally published on Medium: Read article here

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