Empowering European Fintech: Financing Receivables
WinYield championed a budding European lending fintech's ambition to upscale. We facilitated their transition from a €15m portfolio to an impressive €60m, connecting them with pivotal institutional investors.
What Winyield did:
- Financed part of the First Loss capital to reduce the amount of equity financing required to close the transaction
- Advised the fintech in structuring the deal with the relevant institutional investors
Benefits to the Fintech:
- Over £200k of legal savings, improved terms, accelerated process and reduced likelihood of deal falling through
- Reduced dilution of an equity funding round by 9%
- Received scalable First Loss capital to be used for the next rounds up to €10m.