Tag: financing
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Fairbanc secures USD 13.3 mln in debt financing
Fairbanc, a leading fintech company, has announced that it has secured USD 13.3 million in debt financing from a consortium of investors. This new funding will help the company accelerate its growth and expand its reach in the financial services sector. The debt financing was led by Bank of America and included participation from other…
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ID Finance obtains USD 150 million in debt financing
ID Finance, a leading fintech company specializing in online lending services, has successfully secured a staggering USD 150 million in debt financing. This notable achievement is a testament to the company’s continuous growth, innovation, and strong financial position in the market. The debt financing not only provides ID Finance with a significant capital boost but…
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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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Mondu raises EUR 30 million in debt financing round
Mondu, a leading technology startup, has successfully raised EUR 30 million in a recent debt financing round. The funds will be used to further expand Mondu’s operations, invest in research and development, and strengthen their position in the market. The debt financing round was led by prominent venture capital firms and institutional investors who share…
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Cart.com secures USD 70 million debt refinancing
Cart.com, the leading e-commerce software solutions provider, has announced that they recently secured a significant debt refinancing deal worth USD 70 million. This infusion of capital will fuel the company’s growth strategies, expand its operations, and drive innovation in the e-commerce industry. The debt refinancing deal was led by prominent financial institutions, demonstrating their confidence…
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Prometeo secures USD 13 million in Series A
Breaking News | June 15, 2022 Introduction Prometeo, the leading artificial intelligence startup specializing in fire detection and prevention, has successfully secured $13 million in its latest financing round, Series A. This accomplishment marks a significant milestone for the company, positioning them for further growth and innovation in the fire safety industry. Investors’ Commitment The…
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Eliq secures EUR 10 million in financing
Breaking News: Date: DD/MM/YYYY Stockholm-based energy management software company, Eliq, announced today that it has successfully secured EUR 10 million in a recent financing round. This significant funding comes from a group of renowned venture capital firms. The new financing will enable Eliq to further expand its operations, invest in research and development, and continue…
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Froda and Ageras expand financing for SMEs across Europe
Froda and Ageras, two prominent financial institutions, have announced their partnership to expand financing options for small and medium-sized enterprises (SMEs) across Europe. With this collaboration, SMEs will have easier access to funding, helping them grow and sustain their businesses in these challenging times. Small and medium-sized enterprises play a crucial…
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Funding Societies raises USD 27 mln to support SMEs in SouthEast Asia
Funding Societies, a leading peer-to-peer lending platform, has successfully raised USD 27 million in funding to provide vital support to the small and medium-sized enterprises (SMEs) in SouthEast Asia. The funding will play a crucial role in helping these SMEs thrive and grow amidst challenging economic circumstances. The latest investment round was led by SoftBank…