Tag : financing agreement

Alida Enters Funding Agreement Led By National Bank of Canada for USD $60 Million
Banking Fintech Funding News Technology

Alida Enters Funding Agreement Led By National Bank of Canada for USD $60 Million

Fintech News Desk
Investment to fuel global expansion plans as Alida accelerates growth in Customer Experience Alida, a leader in experience management, announced it has secured a USD $60 million syndicated credit facility from lead lender National Bank of Canada through its Technology and Innovation Banking Group. Co-lenders include BMO, Comerica, and Silicon......
Bitfarms Executes Strategic Actions Increasing Financial Flexibility
Cryptocurrency Finance News

Bitfarms Executes Strategic Actions Increasing Financial Flexibility

Fintech News Desk
Enters New Equipment Financing Agreement with NYDIG for US$37 Million Bitfarms Ltd., a global Bitcoin self-mining company, entered into an equipment financing agreement, with initial funding of US$37 million, with NYDIG ABL LLC (NYDIG). In addition, the Company reduced its US$100 million Bitcoin (BTC)-backed credit facility with Galaxy Digital LLC......
CleanSpark Finalizes $35 Million in Financing from Trinity Capital
Cryptocurrency Finance News

CleanSpark Finalizes $35 Million in Financing from Trinity Capital

Fintech News Desk
The move delivers on CleanSpark’s commitment to rightsizing its capital structure CleanSpark, Inc., a sustainable bitcoin mining and energy technology company, announced that it has finalized $35 million in non-dilutive financing from Trinity Capital Inc., a provider of venture debt financing. The three-year equipment financing agreement is backed by 3,336......
Bitfarms Enters $32 Million Equipment Financing Agreement
Finance News

Bitfarms Enters $32 Million Equipment Financing Agreement

Fintech News Desk
Adds Another Source of Non-dilutive Capital Bitfarms Ltd., a global Bitcoin self-mining company, entered into a $32 million equipment financing agreement. “This equipment financing agreement provides another source of non-dilutive capital, enabling us to finance equipment from our established mining operations so that we can invest growth capital into miner......
Alpha Blue Ocean Announces a New Financing Agreement With DBT For €50m
Finance News

Alpha Blue Ocean Announces a New Financing Agreement With DBT For €50m

Fintech News Desk
Alpha Blue Ocean, a family office founded by Pierre Vannineuse and a pioneer in alternative finance in Europe, is pleased to announce the implementation of a second €50 million financing agreement with DBT. After a first collaboration at the beginning of 2020, in the heart of the health crisis, Alpha......
State Investment Management Agency Grants Funding to Utenos Trikotažas
Finance News

State Investment Management Agency Grants Funding to Utenos Trikotažas

Fintech News Desk
SBA Group company Utenos Trikotažas and the State Investment Management Agency (VIVA), which manages the Business Assistance Fund, have signed a financing agreement worth EUR 2.8 million. The fund will purchase the company’s bonds for EUR 2.3 million and will provide another EUR 500 thousand in the form of a......
Silicon Valley Bank Provides Risk Retention Facility to SoFi
Banking Fintech News Risk Management

Silicon Valley Bank Provides Risk Retention Facility to SoFi

Fintech News Desk
Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced that it has entered into a multi-million risk retention financing agreement with SoFi, the digital personal finance company. This agreement provides financing to be used for SoFi’s risk retention bonds as part of their asset-backed......
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