Fortress Investment Group is a diversified global investment manager founded in 1998, managing assets across credit, real estate, private equity, and permanent capital strategies.
The fintech firm has closed a £200m debt facility provided by funds managed by affiliates of Fortress Investment Group.
"We are delighted to secure this £200 million debt facility, as it enables us to extend our reach, empower even more digital businesses and provide access to non-dilutive working capital,"
The financing round was led by Credo Capital Partners and Fortress Investment Group to support the expansion of the digital lender across Europe.
"Demand for eCommerce lending has expanded in Europe. We wanted to make an investment in a platform that was moving the product forward and combined all of the great technology and analytics you expect with a really differentiated product and approach,"