Thursday, November 21, 2024
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US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya

Ampla, a New York-based financial solutions provider, secures a $258 million credit facility from Goldman Sachs and Atalaya Capital Management, supporting its growth capital products and all-in-one platform for consumer brands.

Facts

  • Ampla, a New York-based provider of financial and capital solutions for consumer brands, obtains a $258 million credit facility.
  • The facility will support the development and deployment of Ampla’s growth capital products and its comprehensive platform for consumer brands.
  • Since its launch in 2019, Ampla’s platform has connected consumer brands with embedded banking, bill pay, analytics, growth capital, and corporate card solutions.
  • Anthony Santomo, the CEO and co-founder of Ampla, highlights the evolving landscape for consumer brands and Ampla’s commitment to meeting customers’ unique needs.
  • The platform offers flexible capital terms, digital banking, and corporate card products, positioning Ampla as a leading solution for consumer brands seeking improved cash flow and growth.
  • Ampla announces a Visa-issued corporate card service and an extended payment terms solution, contributing to over $1.5 billion in originations and $6 billion in transaction processing.

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