3 years ago

Zvilo Raises €50 Million Debt Facility from Fasanara Capital to Expand in Balkans

  • Zvilo, a credit-led digital bank serving the Balkans and emerging markets, has secured €50 million in debt financing from Fasanara Capital

  • The funding will be used to expand Zvilo's provision of working capital to over 800,000 SMEs in the Balkans

  • Zvilo offers both business and personal products through its dedicated app.

      • ProblemFinancial Services

      "Small and medium-sized businesses (SMEs) in the Balkans struggle to access affordable and flexible working capital."

      Solution

      "Zvilo is a credit-led digital bank that provides working capital loans to SMEs in the Balkans and emerging markets through its mobile app. It aims to make credit accessible and affordable for these businesses, enabling them to grow and thrive."

      Covered on