How much did Float Technologies raise in its Revolving credit facility?

ZAR 200M, announced on 19 March 2024.

Funding roundRevolving credit facility

Float Technologies Revolving credit facility

Float Technologies raised ZAR 200M in a Revolving credit facility. It was announced on 19 March 2024.

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1 sourceSource: SLA Funding IndexHow we verify →

Amount raised: ZAR 200M; ZAR
Announced: 19 Mar 2024; 2 years ago

About this round

Standard Bank is mandated lead arranger and sole funder. Revolving credit facility, not equity. Announcement-date basis from bank release; no closing date or USD conversion asserted.

Sources for this round1

corporateandinvestment.standardbank.comhttps://corporateandinvestment.standardbank.com/cib/global/deals/standard-bank-provides-zar200m-growth-facility-to-float-technologies

Frequently asked about Float Technologies's Revolving credit facility

How much did Float Technologies raise in its Revolving credit facility?: ZAR 200M, announced on 19 March 2024.