Viola Credit Launches $2 Billion Fund for Fintech Debt Financing
Photo by Jakub Żerdzicki on Unsplash
Viola Credit has established a $2 billion fund to supply debt financing to roughly 40 fintech startups, offering asset-based loans to companies with capital-intensive lending operations. The fund will target sectors like small business lending, consumer lending, and buy-now-pay-later services, supporting fintechs that need significant capital to grow their lending portfolios.
Key takeaways
- com reports that Viola Credit has launched a $2 billion fund dedicated to providing debt financing for financial technology startups
- The fund will offer asset-based loans to as many as 40 companies, focusing on those with capital-intensive lending models
- Target sectors include small business lending, consumer lending, and buy-now-pay-later services
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