TheMarkerEconomy
Israeli Fintech Capitolis Raises $220 Million at $1.9 Billion Valuation
Translated & summarized from TheMarker by baba
BusinessNeutral tone
Israeli fintech firm Capitolis has raised $220 million in equity and debt financing, valuing the company at $1.9 billion. This follows their recent $200 million acquisition of eSecLending.
The story in 4 lines · by baba
- Capitolis raised $220 million in equity and debt.
- The company is now valued at $1.9 billion.
- This funding round occurred one week after an acquisition.
- Capitolis acquired eSecLending for $200 million.
Israeli fintech company Capitolis announced on Wednesday it has raised $220 million in a funding round that includes $120 million in equity and $100 million in debt financing. The round was completed at a company valuation of $1.9 billion, an increase from its previous valuation of $1.6 billion in 2022.
This fundraising announcement comes just one week after Capitolis revealed its acquisition of U.S.-based eSecLending for $200 million in cash.
