12.7 C
London
Thursday, October 16, 2025
HomeBankingSpain’s Twinco Capital secures €50m debt facility from BBVA Spark

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

Related stories

OCC Approves New Bank Aimed at Boosting Innovation Economy

A significant step towards fostering innovation through a new...

WealthTech Clove Emerges from Stealth with $14 Million in Funding

Revolutionizing Wealth Management through Innovative Technology SolutionsHighlights: Clove has...

Coinbase Expands Its Footprint by Investing in India’s CoinDCX

A Strategic Move into the Expanding Cryptocurrency Market in...

BoE to Prioritize AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology Governance and InnovationHighlights:...

BoE Prioritizes AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology at the Bank...
  • 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.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img