Search Results for: credit facility

Desert to Power G5 Sahel Financing Facility Receives $150 Million from Green Climate Fund
Finance Investments News

Desert to Power G5 Sahel Financing Facility Receives $150 Million from Green Climate Fund

Fintech News Desk
by Fintech News Desk0
The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its 30th Board meeting this week. Desert-to-Power is a flagship renewable energy and economic development initiative led by the African Development Bank. Its objective is to......
Opy USA Announces Multi-Million Dollar Warehouse Facility with Goldman Sachs and Atalaya Capital Management
Digital Payments Fintech News

Opy USA Announces Multi-Million Dollar Warehouse Facility with Goldman Sachs and Atalaya Capital Management

Fintech News Desk
by Fintech News Desk0
$271.4 Million Secured Debt Facility Establishes Receivables Funding To Fuel Opy’s Rapid US Expansion ‘Buy now, Pay smarter.’ company, Opy USA, Inc., and its parent company Openpay Group Ltd, announced the signing of a $271.4 million secured debt facility with Goldman Sachs and investment advisory firm Atalaya Capital Management. As Opy solidifies its expansion into......
Centerspace Improves And Extends Credit Line; Repays Bank Loans
Banking Finance News

Centerspace Improves And Extends Credit Line; Repays Bank Loans

Fintech News Desk
by Fintech News Desk0
Centerspace announced that it has amended and extended its existing $250 million revolving credit facility. The new facility includes an accordion feature for up to $400 million and matures in September 2025 with two optional six-month extensions. In addition to the new line of credit, the existing bank term loans totaling $145 million were repaid in full......
Pasadena Private Finance Closes $30 Million Structured Lending Facility with East West Bank
Banking Business Lending News

Pasadena Private Finance Closes $30 Million Structured Lending Facility with East West Bank

Fintech News Desk
by Fintech News Desk0
Pasadena Private Finance, LLC (“PPF”) is pleased to announce that it has closed on a $30,000,000 senior credit facility with East West Bank, the largest publicly traded bank headquartered in Southern California, with an expertise in lending to specialty finance companies. The Credit Facility has a maturity of three years,......
Liquidity Capital Provides Avaamo With a $7 Million Facility Within 24 Hours Using “DYNAMiCs” Platform
Fintech News

Liquidity Capital Provides Avaamo With a $7 Million Facility Within 24 Hours Using “DYNAMiCs” Platform

Fintech News Desk
by Fintech News Desk0
Liquidity Capital, the global fintech and fund manager, announced the closing of a $7M credit facility for deep-learning software company, Avaamo; a deal that took 24 hours to complete thanks to Liquidity Capital’s disruptive DYNAMiCs platform. “As we’ve expanded Avaamo’s award-winning technology into new markets and scaled SaaS revenue, we’ve......
Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked
Finance Fintech News

Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked

Fintech News Desk
by Fintech News Desk0
Insitor Partners’ inaugural investment into Pakistan, and Pakistan’s first ever international convertible loan facility. The Fintech scene in Pakistan continues to see rapid growth. Pakistan remains one of the largest unbanked countries in the world. Startups like CreditFix are working towards improving access to basic financial services in emerging markets......
CDC Group Announces US$50 Million Trade Finance Facility with Ecobank as Part of its Covid-19 Response
Banking Fintech Investments News

CDC Group Announces US$50 Million Trade Finance Facility with Ecobank as Part of its Covid-19 Response

Fintech News Desk
by Fintech News Desk0
This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 – $140 million in additional trade annually Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive......
cdcgroup
Finance Fintech News

CDC Group Announces US$50 Million Trade Finance Facility With Ecobank as Part of Its COVID-19 Response

Fintech News Desk
by Fintech News Desk0
This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 – $140 million in additional trade annually Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive......
Alida Secures US$10 Million Debt Facility From Comerica Bank
Banking Business News

Alida Secures US$10 Million Debt Facility From Comerica Bank

Fintech News Desk
by Fintech News Desk0
The debt facility provides working capital funds to enable Alida’s growth strategy Alida, creator of the world’s first CXM & Insights Platform has secured a US$10 million debt facility from Comerica Bank. The financing was provided by Comerica Bank’s Technology and Life Sciences Division. The funds provide Alida with access......
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