- Twinco Capital secures €50 million debt facility from BBVA Spark to boost growth.
- Co-founded by Sandra Nolasco and Carmen Marín in 2019.
- Offers sustainable supply chain finance solutions, focusing on purchase order funding.
- Collaborates with retail and apparel sector giants to fund global suppliers.
- Advances up to 60% of order value upfront, with the rest upon delivery.
- Utilizes machine learning to assess loan risk by analyzing business and ESG data.
- Provided over $250 million in funding to suppliers in emerging markets.
- Aims to close the trade finance gap by partnering with BBVA Spark for portfolio growth and expansion.
Spain’s Twinco Capital secures €50m debt facility from BBVA Spark
Popular Categories
Previous article![]( "ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more")
Next article![]( "UK core banking tech vendor Thought Machine cuts workforce by 8%")
