Sunday, June 1, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Stocks and Markets Update
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis
No Result
View All Result
Stocks and Markets Update
No Result
View All Result

Twinco Capital Raises $53 Million for Supply Chain Financing

October 30, 2023
in Fintech
Reading Time: 2 mins read
A A
0
Twinco Capital Raises $53 Million for Supply Chain Financing

[ad_1]

Provide chain financing firm Twinco Capital has obtained $53 million in debt financing from BBVA Spark.

The funds enhance Twinco Capital’s complete mixed debt and fairness to $71.3 million.

Twinco Capital works with greater than 150 suppliers and has grown 3x up to now 4 years.

Provide chain finance firm Twinco Capital introduced it has landed $53 million (€50 million) in debt financing. The funds come from BBVA’s BBVA Spark. The funds enhance Twinco Capital’s complete mixed debt and fairness funding to $71.3 million.

The Spain-based firm affords financing to suppliers of enormous companies working in retail and attire. To assist liberate working capital, Twinco advances as much as 60% of the order worth inside 48 hours after the retailer locations the order. Twinco then pays the remaining proportion after the products have been delivered. The corporate leverages enterprise efficiency and ESG knowledge mixed with machine studying to evaluate and mitigate danger, due to this fact minimizing losses.

“The worth added Twinco is offering to prospects stems from the mix of its distinctive funding answer with enterprise intelligence that gives a holistic overview of provide chain danger,” stated Twinco COO Carmen Marin. “Know-how and machine studying present invaluable knowledge insights on industrial, monetary and ESG suppliers’ efficiency, giving our prospects a state-of-the-art provide chain danger administration instrument.”

BBVA Spark was launched in 2022 as an funding arm to supply enterprise debt and progress loans to what it calls “high-impact” corporations. The agency presently has greater than 800 purchasers and has facilitated $265 million (€250 million) in financing.

Launched in 2019, Twinco has obtained fairness funds from Quona Capital, Working Capital Fund, Mundi Ventures, and Finch Capital. The corporate works with greater than 150 suppliers positioned throughout 13 completely different international locations. Twinco has grown 3x up to now 4 years.

“We’re more than happy to help Sandra and Carmen, two entrepreneurs who, with Twinco, have reinvented the best way provide chains are financed on a worldwide scale and who’ve additionally integrated revolutionary environmental and social standards into their provider financing mannequin,” stated BBVA Spark Head Roberto Albaladejo.

Picture by Felix Haumann

Associated

[ad_2]

Source link

Tags: capitalChainFinancingMillionRaisessupplyTwinco
Previous Post

Turkey’s lira bond yields lure JPMorgan strategists amid market normalization By Investing.com

Next Post

F Earnings: Ford Motor Company reports Q3 2023 financial results

Next Post
F Earnings: Ford Motor Company reports Q3 2023 financial results

F Earnings: Ford Motor Company reports Q3 2023 financial results

Big Week Ahead: Dollar’s Destiny Tied to Treasury, BOJ and Fed Actions

Big Week Ahead: Dollar’s Destiny Tied to Treasury, BOJ and Fed Actions

Late EXp Icon Rick Geha Honored With $100K Fundraiser

Late EXp Icon Rick Geha Honored With $100K Fundraiser

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Fintech
  • Forex
  • Investing
  • jutawantoto
  • lingtogel77
  • Market Analysis
  • Markets
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
No Result
View All Result

LATEST UPDATES

  • Jutawantoto: 4D Online Toto Togel Site & Prestigious Official Bookie
  • Jutawantoto Login: Trusted Toto Slot 4D Site Bet 100 Silver Best 2025
  • Jutawantoto: The Most Trusted & Best Toto 4D Site in 2025
  • Lingtogel77: Rekomendasi Resmi Platform Situs Toto Slot Terpercaya
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Money Wise Inc.
Money Wise Inc is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis

Copyright © 2023 Money Wise Inc.
Money Wise Inc is not responsible for the content of external sites.