Capital on Tap raised £350m in a second public securitisation to expand accessibility of products for small businesses
Capital on Tap raised £350m in a second public securitisation to expand accessibility of products for small businesses
05/01/24, 9:45 AM
Location
londonMoney raised
£350 million
Investors
Bnp Paribas, Hsbc, J.P. Morgan
Capital on Tap successfully launched its second public securitisation facility, London Cards No.2, raising £350m, far exceeding the original £250m target. The funds are earmarked for significantly expanding the accessibility of products that small businesses require for growth.
Company Info
Location
london, england, united kingdom
Additional Info
Capital on Tap is a privately held, financial technology company that provides access to funding to small and medium-sized businesses in the U.K and U.S. Founded in 2012, Capital on Tap has core offices in London, Atlanta, and Cardiff and has provided access to over $5 billion of funding to businesses. For more information visit www.capitalontap.com.