Citigroup Extends £100 Million Funding to Interbridge Mortgages Amid MFS Challenges

Citigroup has extended a £100 million ($134 million) funding line to Interbridge Mortgages, a rapidly expanding UK lender supported by Paresh Raja. Bloomberg posted on X, highlighting this development as Raja's other venture, MFS, faces significant challenges. The funding aims to bolster Interbridge Mortgages' operations and growth, providing financial stability amid the turbulent landscape affecting MFS. This move underscores Citigroup's commitment to supporting promising financial entities in the UK market.