Fundz

Medallion Financial Corp. Secures $11 Million from BIMIZCI and ZimCal

PUBLIC · MFINOct 16, 2026

Amount Raised

$11 Million

Round Type

Funding Round

New YorkFinancial ServicesFinanceLendingBanking

Investors

ZimCal Asset Management LLCBIMIZCI Fund LLC

Description

On October 16, 2026, Medallion Financial Corp. entered into a Purchase Agreement to acquire trust preferred securities from BIMIZCI Fund LLC and ZimCal Asset Management LLC. The cash purchase price for the transaction amounts to $11,049,000. This agreement includes various standstill restrictions and conditions between the parties

Quick answer

Medallion Financial raised $11 Million in a Funding Round round, dated October 16, 2026. Investors: ZimCal Asset Management LLC and BIMIZCI Fund LLC. Medallion Financial is based in New York, New York, United States.

How much did Medallion Financial raise?
Medallion Financial raised $11 Million in a Funding Round round on October 16, 2026.
Who invested in Medallion Financial?
ZimCal Asset Management LLC and BIMIZCI Fund LLC are named as investors in this round.
What does Medallion Financial do?
Medallion Financial Corp. is a specialty finance company that originates and services loans in various consumer and commercial industries.
Where is Medallion Financial based and how big is it?
Medallion Financial is based in New York, New York, United States. Fundz records about 11 employees.
Who are the decision-makers at Medallion Financial?
Fundz holds 1 contact at Medallion Financial. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Medallion Financial that raised within 45 days of this round, from Fundz verified event records.

  • Arka Fincap raised $85M on November 8, 2026.
  • Toronto-Dominion Bank raised $1.3B (Debt Financing) on November 4, 2026.
  • Bread Financial™ raised $5.8M (Series C) on November 3, 2026.
  • Bloquo raised $3.7M (Seed) on November 3, 2026.
  • Sterling Bank raised $30M on November 1, 2026.
  • Bank7 raised $72M on November 1, 2026.

Who to call at Medallion Financial, and when

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Company Information

Company

Medallion Financial

Location

New York, New York, United States

About

Medallion Financial Corp. is a specialty finance company that originates and services loans in various consumer and commercial industries. The company offers loan products and services through fintech strategic partners. Its key industries served include recreation and home improvement.

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Related People

1 contact
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.