3 years ago
Oneiro Solutions Raises £1.1 Million Seed Funding for Syndicated Loan Servicing Platform
Oneiro Solutions, a London-based fintech company specializing in syndicated loan servicing, has secured £1.1 million in Seed funding led by Graham Murphy
The company's cloud-based platform, DLX, aims to streamline and automate the complex loan servicing process, providing real-time data access and self-service capabilities for borrowers, lenders, and agents
This funding will be used to accelerate growth, expand operations, and increase business reach.
ProblemFinancial Services
"Traditionally, syndicated loan servicing is a manual and paper-heavy process, making it slow, inefficient, and prone to errors. Borrowers, lenders, and agents lack real-time visibility into the status of their deals, leading to communication gaps and delays."
Solution
"Oneiro Solutions offers a cloud-based platform that digitalises and automates the syndicated loan servicing process. This platform, called DLX, provides all stakeholders with real-time access to deal-related data, allowing them to self-serve and track the progress of their loans."