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Behalf raises $150M in debt capital

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Behalf raises $150M in debt capital

Behalf Inc. raised $150 million in debt financing from a private investment fund managed by Soros Fund Management LLC and Israeli private credit firm Viola Credit.

The two entities also made an equity investment in Behalf, the company said.

Behalf is a financial technology company that helps lenders offer loans to small and medium-sized businesses. It is headquartered in New York and has an office in Tel Aviv, Israel.