Tag: debt facility
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Sunbit closes a USD 310 million debt warehouse facility
In a significant development, Sunbit, a leading provider of buy-now-pay-later technology for everyday needs, has successfully closed a USD 310 million debt warehouse facility. This achievement marks a significant milestone for the company and underlines its growing prominence in the fintech industry. Facility Overview The debt warehouse facility was secured through a syndicate of lenders,…
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Victory Park Capital closes USD 225 debt facility with Zip
Victory Park Capital, a leading global alternative investment firm, has announced the successful closure of a USD 225 million debt facility with Zip, a fast-growing financial technology company. This new debt facility will provide significant capital to support Zip’s ongoing strategic growth initiatives and drive its expansion plans across international markets. Enhancing Zip’s Financial Position…
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Insurance startup Wefox raises USD 55 mln debt facility
June 1, 2022 In the latest round of funding, innovative insurance startup Wefox has managed to secure a significant debt facility worth USD 55 million. This funding will play an instrumental role in fueling the company’s ambitious growth plans as it strives to disrupt the insurance industry. The Funding Boost Wefox has been making…
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Twinco Capital secures EUR 50 mln debt facility with BBVA Spark
Published on June 15, 2022 Twinco Capital, a leading European fintech company specializing in trade finance solutions, has announced a groundbreaking partnership with BBVA Spark. The collaboration will see Twinco Capital secure a EUR 50 million debt facility, marking a significant milestone in their journey towards revolutionizing the trade finance industry. Twinco Capital’s innovative platform…
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LAB Group secures new debt facility to fund growth strategy
The LAB Group, a leading technology and digital marketing agency, has recently announced securing a new debt facility to support its ambitious growth strategy. The LAB Group office This funding milestone will enable the LAB Group to accelerate its expansion plans, invest in cutting-edge technologies, and continue providing innovative solutions to its clients. “We are…
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Zolve secures USD 100 mln debt facility
Zolve, a leading fintech startup, announced today that it has successfully secured a USD 100 million debt facility to fuel its rapid expansion and product development initiatives. The debt facility was extended by multiple investors and venture capitalists who believe in Zolve’s mission to democratize access to financial services for…