L2C, a US-based provider of analytical solutions for the consumer credit industry, has raised an undisclosed amount from Core Innovation Capital, a US-based venture capital firm to help Americans gain banking services and backed by investment bank Goldman Sachs.
In April 2010, L2C raised an undisclosed amount from venture capital firm QED Investors and McGovern Enterprises.
In March this year, Core raised $45m for a private equity fund that will invest in companies focused on improving the financial security of underbanked consumers.
In 2010, Core launched a $30m fund, Core Innovation Capital I fund, with Goldman Sachs as an anchor investor, although the firm has made eight prior investments through the CFSI Catalyst Fund, which had originally backed L2C in October 2008.