Tech Company Financing Transactions
Silvr Funding Round
On 7/5/2023, Silvr raised $217.3 million in funding from Channel Capital Advisors and Citibank.
Transaction Overview
Company Name
Announced On
7/5/2023
Transaction Type
Debt
Amount
$217,300,000
Round
Undisclosed
Investors
Channel Capital Advisors (Lead Investor)
Citibank (Lead Investor)
Proceeds Purpose
The working capital is aimed at supporting further growth in the company's home market of France as well as building upon the acquisition of German competitor Uplift1 earlier this year.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
WeWork, 33 Rue La Fayette
Paris, 75009
FR
Paris, 75009
FR
Phone
Undisclosed
Website
Email Address
Overview
Silvr was born out of frustration. Nima and Greg have been active participants of the European entrepreneurial ecosystem for the past 15 years. They have experienced first-hand how hard it is to get funding. So in 2020, they teamed up to solve the challenge that every business faces when trying to secure growth and continuity. That solution is Silvr.
Management Team
Title
Name
Email & Social
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