Tag : Debt Facility

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......
Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital
Finance News

Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital

GlobeNewswire
by GlobeNewswire0
Strengthens financial flexibility to support the Company’s continued growth Verona Pharma plc, announces it and its wholly-owned subsidiary, Verona Pharma, Inc. (the “Company”), have entered into a debt financing facility (“debt facility”) providing the Company with access to up to $400 million from funds managed by Oxford Finance LLC (“Oxford”)......
Salmon Raises USD 20 Million of Financing, Setting a Record for Series A Tech Companies in the Philippines
Fintech Investment Services News

Salmon Raises USD 20 Million of Financing, Setting a Record for Series A Tech Companies in the Philippines

Business Wire
by Business Wire0
Consumer fintech Salmon announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines. Building on significant investor interest in the debt placement, Salmon will expand its loan book, leveraging its existing......
Cellipont Receives Strategic Debt Investment from OrbiMed
Investment Services News

Cellipont Receives Strategic Debt Investment from OrbiMed

PR Newswire
by PR Newswire0
New facility in The Woodlands, TX accelerates Cellipont’s cell therapy innovation Cellipont Bioservices (Cellipont), a cell therapy contract development and manufacturing organization (CDMO), announced a strategic debt facility investment from OrbiMed, a healthcare investment firm. The investment will be used by Cellipont to fully finance the previously announced state-of-the-art commercial facility for......
Fynn Raises $36 Million to Help Combat America's Skilled Labor Shortage
Fintech News

Fynn Raises $36 Million to Help Combat America’s Skilled Labor Shortage

PR Newswire
by PR Newswire0
Fynn’s affordable and fair student loans enable students of all backgrounds to pursue a degree from trade or technical schools Fynn, a fintech lender providing private student loans for America’s skilled workforce, announced the close of an $11 million seed round and $25 million debt facility. Lead investors include Y Combinator, Susa Ventures, Village Global, Tenacity Venture......
Einride Secures $500 Million in Financing to Accelerate Deployment of Sustainable Freight Mobility
debt collection Finance News

Einride Secures $500 Million in Financing to Accelerate Deployment of Sustainable Freight Mobility

Fintech News Desk
by Fintech News Desk0
The financing includes a debt facility of $300M and an equity contribution of $200M to progress Einride’s global growth of offering autonomous, electric and digital shipping technology Freight mobility technology company Einride announced it has secured $500M in financing, including both a Series C equity raise and a debt facility. The......
Achieve Fuels Digital Personal Finance Transformation with New Fully Committed $225 Million Debt Capital
Finance Fintech News

Achieve Fuels Digital Personal Finance Transformation with New Fully Committed $225 Million Debt Capital

Fintech News Desk
by Fintech News Desk0
Achieve, the leader in digital personal finance, announced that it has raised a new debt facility totaling $225 million with participation from O’Connor Capital Solutions, the private credit unit of UBS O’Connor LLC, and others, including a multi-trillion dollar asset manager. The debt facility is fully committed. Achieve recently announced a......
Koalafi Closes Multi-Million Dollar Warehouse Facility with Forbright Bank
Banking Finance News

Koalafi Closes Multi-Million Dollar Warehouse Facility with Forbright Bank

Fintech News Desk
by Fintech News Desk0
Secured Debt Facility Enables Koalafi to Further Scale Expansion of Loan Financing to Serve More Consumers Through an Innovative Single Application Koalafi, a fast-growing consumer financing provider committed to providing innovative pay-over-time options to customers from all credit backgrounds, announced today the signing of a multi-million secured debt facility from......
Liquidia Re-Finances Debt Facility With Silicon Valley Bank To Increase To $40.0 Million
Banking Fintech Funding News

Liquidia Re-Finances Debt Facility With Silicon Valley Bank To Increase To $40.0 Million

Fintech News Desk
by Fintech News Desk0
Liquidia Corporation announced the closing of a debt facility on January 7, 2022, with Silicon Valley Bank (SVB) which provides Liquidia with up to $40.0 million in term loans of which the first $20.0 million was funded at closing. Liquidia initially entered a debt facility with SVB in March 2021......
Fintech News

Laybuy Secures £80 Million Debt Facility from Victory Park Capital

Fintech News Desk
by Fintech News Desk0
Laybuy, a global leader in ‘Buy Now, Pay Later’ (BNPL) technology, announced today that it has secured a £80 million debt facility from Victory Park Capital (“VPC”), a leading global alternative investment firm. With plans for continued international expansion, the funding from VPC will fuel Laybuy’s growth in the UK. “In......
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