FinTechFunding

Accelerated Payments: Secures €20M Senior Debt Line Financing

  • Accelerated Payments, a global SME invoice discounting platform, secured €20m senior debt line financing
  • Channel Capital Advisors arranged the financing
  • The company will also use the financial resources to fund its growth plans over the coming 6 months for deployment in the Irish, UK and other European markets
  • The company is based in UK, Ireland and Canada
  • The current deal managed by Channel Capital will grow to a €50m programme, and will support AP’s business users over the next year
  • As an FCA authorised and regulated entity, the asset manager will also provide program management and monitoring services
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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