Global fintech closes $100m facility to further expand delivery of working capital solutions internationally
On 25 November London based fintech TradeBridge announced it has closed a $100 million securitisation facility with leading global lender Credit Suisse. The additional funding will support the tech enabled lender as it scales its cross-border working capital offering to the eCommerce and Healthcare sectors.
“This is an exciting time. We’re seeing accelerating demand for our products as the recovery gathers pace and disruptive business models take hold. Our clients need a digital-native finance partner able to move at the same speed as they do.” – Mark Coxhead, CEO of TradeBridge
Finance for a faster moving world
An international fintech with offices in London, Paris and Singapore, TradeBridge unlocks new sources of funding for growing companies by integrating real-time, multi source business data. With over $2bn funded to date, TradeBridge has established itself as a significant tech- enabled finance company.
“This multi-year, multi-currency facility from Credit Suisse is a significant step in our journey. When added to our existing senior bank support, it makes us the best funded fintech lender. We’re delighted to have the support of Credit Suisse as we continue to widen our international reach.” – Olivier Bonavero, Co-Founder and Chairman, TradeBridge
