Banca CF+, capital increase of 27 million euros completed

Banca CF capital increase of 27 million euros completed

(Finance) – CF+ Banka challenger bank specializing in financing solutions for businesses in performing or re-performing situations, has the capital increase was completed for a total amount of approximately 27 million euros. Following the transaction in question, the net accounting equity of Banca CF+ as of 30 September 2024, net of the result for the period, amounts to 103,910,938 euros.

“We are very satisfied with the trust that our shareholders have demonstrated by subscribing to the capital increase, which will be of great support to us in the growth path of our bank – states theCEO Iacopo De Francisco – We will use the new resources to face new market challenges, increasingly supporting companies in their liquidity needs, strengthening all our credit instruments for businesses and, in particular, Digital Lending, our innovative digital financing solution for SMEs, with which we have the objective of disbursing one billion euros in three years”.

“The capital strengthening initiative is part of a larger development project which to date has allowed us to achieve important goals, doubling total assets in 2023 compared to the previous year, as well as the bank’s revenues, and disbursing almost 2 billion euros since we started our business”, he added.

tlb-finance