Cross-border fintech Zolve raises $251 million in equity-debt mix from Creaegis, others

Share via:


Cross-border financial services platform Zolve has secured $251 million in a debt-equity mix funding round led by Creaegis. The startup offers credit facilities to students and professionals moving to the United States from other countries.

Out of the total funds, $51 million is an equity infusion and the rest is debt. Other than Creaegis the round saw participation by HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, and existing investors Accel, Lightspeed Venture Partners, Sparta Group, and DST Global.

Accel, DST Global, and others had…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Cross-border fintech Zolve raises $251 million in equity-debt mix from Creaegis, others


Cross-border financial services platform Zolve has secured $251 million in a debt-equity mix funding round led by Creaegis. The startup offers credit facilities to students and professionals moving to the United States from other countries.

Out of the total funds, $51 million is an equity infusion and the rest is debt. Other than Creaegis the round saw participation by HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, and existing investors Accel, Lightspeed Venture Partners, Sparta Group, and DST Global.

Accel, DST Global, and others had…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

TurinTech reveals $20M in backing to fix problems in...

So-called “vibe coding” with LLM-driven tools like Cursor...

Japan’s Metaplanet invests $12.5m worth of bitcoin

Metaplanet aims to hold 10,000 BTC by the...

Nvidia’s RTX Pro 6000 has 96GB of VRAM and...

Nvidia is announcing its RTX Pro Blackwell series...

Popular

Upcoming Events

NVIDIA GTC 2025: Jensen Huang unveils breakthroughs in AI...

NVIDIA CEO Jensen Huang's highly anticipated GTC 2025...

SaaS Unicorn Icertis Eyes $50 Mn Fundraise

SaaS unicorn Icertis is looking to raise $50...

Sarvam AI: Sarvam AI launches Sarvam Labs for foundational...

Sarvam AI, a startup that is building an...
ERQW DAS VBXZC ERQW DAS VBXZC ERQW DAS VBXZC ERQW DAS VBXZC