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Spain’s Twinco Capital secures €50m debt facility from BBVA Spark

  • Twinco Capital secures €50 million debt facility from BBVA Spark to boost growth.
  • Co-founded by Sandra Nolasco and Carmen Marín in 2019.
  • Offers sustainable supply chain finance solutions, focusing on purchase order funding.
  • Collaborates with retail and apparel sector giants to fund global suppliers.
  • Advances up to 60% of order value upfront, with the rest upon delivery.
  • Utilizes machine learning to assess loan risk by analyzing business and ESG data.
  • Provided over $250 million in funding to suppliers in emerging markets.
  • Aims to close the trade finance gap by partnering with BBVA Spark for portfolio growth and expansion.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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