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We’ve seen how non-dilutive, revenue-based financing has risen up the priority ranks for companies as the era of ZIRP as the Zero Interest Rate Period Against this background, Flow48, a UAE-based fintech, has now raised $25 million in Pre-Series A funding, with an aim to push this business model into the SME space in the MENA region. The round is a mix of equity and debt, and investors include 212 VC (a Luxembourg-domiciled, Istanbul-based fund), Austria’s Speedinvest, Daphni, Blockchain Founders Fund, Unpopular Ventures, Endeavor Catalyst, and TLG, as well as angel investors including Scott Sandell from NEA. ....
An example of this is how U.S. companies in this vein are oft raising capital, such as Lighter Capital, with its new $130 million credit facility, in August. Against this background, Flow48, a UAE-based fintech, has now raised $25 million in pre-Series A funding, with an aim to push this business model into the SME space in the MENA region. The round is a mix of equity and debt, and investors include 212 VC (a Luxembourg-domiciled, Istanbul-based fund), Austria’s Speedinvest, Daphni, Blockchain Founders Fund, Unpopular Ventures, Endeavor Catalyst and TLG, as well as angel investors including Scott Sandell from NEA. ....
Global Revenue-Based Financing Market Is ProjectedTo Grow At A 66% Rate Through The Forecast Period einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
UBS set to end Apollo deal managing Credit Suisse SPG assets nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.
Lighter Capital raises $130M to fuel revenue-based financing model geekwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from geekwire.com Daily Mail and Mail on Sunday newspapers.