Global, Technology | Debt & Equity Recapitalizations

Plum Lending Receives Investment from Renren

  • TM Capital served as exclusive financial advisor to Plum Lending, an innovative FinTech company focused on disrupting small balance commercial real estate (CRE) lending, in connection with a $10.5 million Series A investment by Renren, Inc. (NYSE:RENN), a leading social networking platform in China whose prior FinTech investments include SoFi and LendingHome
  • TM Capital assisted management in attracting an institutional partner which will provide enhanced financial resources and strategic guidance as Plum scales its San Francisco operations
  • Plum combines innovative technology with a world-class team of real estate and FinTech professionals to deliver expedited credit evaluation, execution, and funding coupled with post-transaction resources which yield an unrivaled CRE client experience
  • Plum will utilize the capital investment to scale its team and bolster its web-based technology in order to provide borrowers with nationwide loan options and unique tools and analytics to enable smarter decision-making and a more transparent CRE lending experience
  • “Marketplace lenders,” such as Plum, continue to attract tremendous interest within the FinTech sector, as disruptive technologies seek to capitalize on antiquated lending processes

Client Testimonial

We hired TM Capital because, as a start-up developing a potentially disruptive FinTech business model, we wanted their financial and general business insight as we fine-tuned our business and financial plans.  In addition, we valued their experience in complex transactions, as well as their ability to deliver thoughtful advice applicable to the critical moments in any transaction.  TM ran a very tight and well organized process and played a critical role in delivering an outcome that will position Plum for exponential growth with the support of a partner who has achieved tremendous success with other disruptive technologies in the FinTech arena.”
Bill Fisher, CEO, Plum Lending