Search Results for: credit facility

MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Capital Markets Fintech News Trading

Marketlend: Australia’s Leading Trade Credit Platform Secures $100 Million Financing Facility

Fintech News Desk
by Fintech News Desk0
Marketlend, Australia’s leading marketplace trade credit platform, continues to excel as it recently closed a new $100 million financing facility with Crayhill Capital Management LP, a New York based private credit manager and asset-based lender. This new facility will assist with liquidity and cash flow management to global companies affected......
Sunbit Secures a $355 Million Debt Warehouse Facility Led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management
Fintech News

Sunbit Secures a $355 Million Debt Warehouse Facility Led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management

Business Wire
by Business Wire0
Facility to Support Strong Demand Among Consumers Driven by Merchant Adoption, Embedded Financing Partnerships, and the Expansion of Sunbit No-Fee Credit Card Sunbit, the company building financial technology for real life, announced that it closed a $355 million debt warehouse facility led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall......
Zilch Expands Securitisation to £150M with Investment from Major Global Credit Funds with Deutsche Bank
Digital Payments Fintech News

Zilch Expands Securitisation to £150M with Investment from Major Global Credit Funds with Deutsche Bank

Business Wire
by Business Wire0
Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN),  announces the successful expansion of its securitisation facility by an additional £50 million, bringing the total to £150 million. This latest round includes participation from two of the world’s largest credit funds, alongside lead arranger Deutsche Bank.......
DailyPay Secures Additional $100 Million Credit Commitment From Citi
Fintech News Technology

DailyPay Secures Additional $100 Million Credit Commitment From Citi

PR Newswire
by PR Newswire0
DailyPay’s Secured Credit Facility Increases To $760 Million in Support of its Growth And Leadership Position in Worktech DailyPay, Inc., a worktech company and leading provider of earned wage access, announced it has secured an additional $100 million commitment to its secured credit facility capacity from Citi. The additional commitment doubles Citi’s commitment from $100......
YouLend Announces 3-Year Financing Facility with Castlelake to Fund US SMBs, Expanding US Financing Capacity Potential to $1 Billion
Finance Fintech Lending News

YouLend Announces 3-Year Financing Facility with Castlelake to Fund US SMBs, Expanding US Financing Capacity Potential to $1 Billion

PR Newswire
by PR Newswire0
USD financing from funds managed by Castlelake will enable YouLend to expand and grow its origination plans for the next three years. To date, YouLend has funded more than 200,000 small and medium-sized businesses (SMBs) globally. Castlelake’s previous financing investments have enabled YouLend to provide over $1.3bn of SMB financings across the UK......
Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure
Finance Fintech Investments News

Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure

Business Wire
by Business Wire0
Setpoint, the leading infrastructure provider for the credit industry, today announced the successful completion of its $31 million Series B funding round. 645 Ventures led the round, with significant strategic investments from Citi and Wells Fargo, alongside Andreessen Horowitz, NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny,......
Pomelo Announces $35 Million Series A, Additional $75 Million Warehouse, Expanding Its Credit-Building Remittance Product
Fintech News

Pomelo Announces $35 Million Series A, Additional $75 Million Warehouse, Expanding Its Credit-Building Remittance Product

PR Newswire
by PR Newswire0
Pomelo, the first consumer fintech to enable international money movement with consumer credit, announced a Series A of $35 million in venture capital and a $75m expansion of its warehouse facility from Vy Capital, Founders Fund, and A* Capital. This brings total funds raised to date to $55m in equity capital and $125m for its warehouse facility. This......
Recurrent Energy Secures €110 Million Multi-Currency, Green Loan Facility from Investec Energy and Infrastructure Finance UK
Finance News

Recurrent Energy Secures €110 Million Multi-Currency, Green Loan Facility from Investec Energy and Infrastructure Finance UK

PR Newswire
by PR Newswire0
The funding will support Recurrent Energy in the execution of its global solar PV and energy storage project pipeline, as it transitions to become an independent power producer (IPP) and accelerates its growth strategy. Recurrent Energy, a subsidiary of Canadian Solar and a global developer and owner of solar and energy......
eCargo Secures US$5 Million Debt Facility to Grow Supply Chain Platform
Finance Fintech News

eCargo Secures US$5 Million Debt Facility to Grow Supply Chain Platform

Business Wire
by Business Wire0
The funds will be utilised to fast-track Flow’s continued growth by allowing the platform to fund an increased number of B2B transactions and the higher transaction values for its client base of buyers and suppliers. eCargo Holdings Limited (ASX: ECG) (eCargo), a supply chain company helping brands expand and sell......
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