Scroll
Moneyflow

Danish fintech business raises billions in loan capital

 

Case

Danish fintech business raises billions in loan capital

The Danish fintech business Moneyflow has raised EUR 250 million in loan capital, equal to DKK 1.86 billion, from the Belgian neobank Aion Bank.

Moneyflow has existed for almost four years and specialises in invoice factoring especially from small and medium-sized businesses (“SMEs”). In doing so, Moneyflow injects fast and necessary liquidity into the SMEs which are subject to a time limit payment of 60-90 days from large business partners.

The loan capital from Aion Bank is the largest amount in Scandinavia ever made available at once to a similar business.

Accura advised Moneyflow in connection with the transaction.