Citi has announced that it has sold Bridge, its online lending marketplace for SMEs, to Foro Holdings. As part of the deal, it is set to join the Charlotte-based commercial lending service provider's investors, including TTV Capital (TTV), US Bank and Correlation Ventures, in an additional capital investment to support the continued growth of Foro's business. Foro to use new capital to expand services to SMEs, community banks, CDFIs and non-traditional lenders. Bridge co-founder Rohit Mathur said Bridge aims to simplify lending for borrowers and lenders, democratize access to capital, and offer innovative solutions for the lending market. With Foro's support, Bridge will continue to grow. Mathur and fellow Bridge co-founder Harte Thompson, who collectively have 20 years of experience at Citi, have been named chief executive officer and chief operating officer of Foro, respectively, as part of the acquisition.