Viola Credit

Murchinson Takes Action to Replace Board of Directors of Nano Dimension at Upcoming Annual General Meeting

Retrieved on: 
Thursday, August 3, 2023

“At the Special Meeting convened by Murchinson on March 20, 2023, Nano Dimension’s shareholders sent a clear message that change was urgently needed on the Company’s Board.

Key Points: 
  • “At the Special Meeting convened by Murchinson on March 20, 2023, Nano Dimension’s shareholders sent a clear message that change was urgently needed on the Company’s Board.
  • In response, Yoav Stern and Nano Dimension have taken every possible step to ignore the will of shareholders and further entrench themselves.
  • Given that Nano Dimension has remained resolute in its desire to disenfranchise its own shareholders, we have been forced to put forth proposals to effectively replace the entire Board at the upcoming Annual Meeting.
  • Previously served as Chairman of the Nano Dimension Board from 2019 to 2021, and as a director at the Company from 2015 to 2021.

Defacto Closed a Securitization Fund up to €167M with Citi and Viola Credit

Retrieved on: 
Wednesday, July 12, 2023

Defacto, the French lender to SME by API, closed a securitization fund with Citi and Viola Credit for up to €167m.

Key Points: 
  • Defacto, the French lender to SME by API, closed a securitization fund with Citi and Viola Credit for up to €167m.
  • Citi will be the senior lender of the fund while Viola Credit has renewed its trust in Defacto by continuing its support as a mezzanine lender of the fund.
  • This new facility allows Defacto to continue its exponential growth with a yearly funding capacity of up to 1 billion euros.
  • The securitization fund of up to €167m will have an initial size of €67m, with increases subject to lender’s consent.

PayEm Announces $220M in Equity and Credit Financing for its Spend and Procurement Management Platform

Retrieved on: 
Tuesday, January 24, 2023

SAN FRANCISCO, Jan. 24, 2023 /PRNewswire/ -- PayEm, the leading platform for spend and procurement management announced today $220 million in equity and credit financing from Viola Credit, Mitsubishi Financial Group, Collaborative Fund and others to fuel its growth.

Key Points: 
  • In addition, the new equity funding will enable us to continue building our platform," said Itamar Jobani, CEO, PayEm.
  • PayEm is a leader in the procurement and spend management space for the mid-market.
  • PayEm, an "all-in-one" platform offers smart procurement solutions, AP automation, expanse reimbursement and smart credit cards.
  • PayEm is helping those companies by offering easy to use procurement workflows combined with world class payments and spend management capabilities.

PayEm Announces $220M in Equity and Credit Financing for its Spend and Procurement Management Platform

Retrieved on: 
Tuesday, January 24, 2023

SAN FRANCISCO, Jan. 24, 2023 /PRNewswire/ -- PayEm, the leading platform for spend and procurement management announced today $220 million in equity and credit financing from Viola Credit, Mitsubishi Financial Group, Collaborative Fund and others to fuel its growth.

Key Points: 
  • In addition, the new equity funding will enable us to continue building our platform," said Itamar Jobani, CEO, PayEm.
  • PayEm is a leader in the procurement and spend management space for the mid-market.
  • PayEm, an "all-in-one" platform offers smart procurement solutions, AP automation, expanse reimbursement and smart credit cards.
  • PayEm is helping those companies by offering easy to use procurement workflows combined with world class payments and spend management capabilities.

Balance Partners With Viola Credit to Power Merchants’ Ecommerce Growth

Retrieved on: 
Tuesday, November 22, 2022

Balance , the leader in B2B payments specializing in financing and ecommerce, has announced a $350 million credit facility from Viola Credit to continue enabling B2B commerce and ease working capital.

Key Points: 
  • Balance , the leader in B2B payments specializing in financing and ecommerce, has announced a $350 million credit facility from Viola Credit to continue enabling B2B commerce and ease working capital.
  • Following strong inbound demand and increasing customer growth, this credit facility will be used to expand Balances trade credit support to B2B merchants.
  • Merchants need to know they have trade credit to grow with, said Bar Geron, CEO of Balance.
  • Viola Credit is a Global Credit Asset Manager focused on supporting the growth of the innovation economy.

Viola Credit Closes $700M for its Alternative Lending Income Funds

Retrieved on: 
Thursday, May 26, 2022

TEL AVIV, Israel, May 26, 2022 /PRNewswire/ -- Viola Credit, a global alternative credit asset manager providing customized credit solutions to technology companies and FinTech lenders, announced the final closing of the Viola Credit Alternative Lending Income Fund II (ALF II) with $700 million of investable capital including its flag ship fund and related managed accounts. ALF II will follow the strategy of its prior vintage and will provide minimally dilutive asset-based lending capital solutions to emerging and established global FinTech, PropTech, and InsurTech companies that are disrupting traditional financial markets.

Key Points: 
  • "We're excited to launch an additional Alternative Lending Income Fund," said Ruthi Furman, Founder and General Partner at Viola Credit.
  • We're excited to launch an additional Alternative Lending Income Fund to continue supporting this growing FinTech ecosystem globally."
  • Viola Credit , is a global credit investment manager focused on supporting the growth of the innovation economy.
  • Viola Credit provides customized credit solutions to global technology companies, including best-in-class FinTech, PropTech, and InsurTech companies that are disrupting traditional financial markets.

Global e-bike innovator Zoomo raises $60M to lead commercial e-bike industry

Retrieved on: 
Monday, November 15, 2021

Grok was joined by Skip Capital, the investment office of Atlassian's other Co-Founder Scott Farquhar, as well as global CleanTech investor, ArcTern Ventures .

Key Points: 
  • Grok was joined by Skip Capital, the investment office of Atlassian's other Co-Founder Scott Farquhar, as well as global CleanTech investor, ArcTern Ventures .
  • Viola Credit is part of Viola Group , which is Israel's leading tech-focused investor with >$3 billion in assets under management.
  • Alberto Menolascina, General Manager UK at Gopuff said,"Our Zoomo e-bike fleet is critical to enabling our rapid grocery delivery promise.
  • The funding will strengthen Zoomo's goal of electrifying commercial delivery fleets, a critical step in meeting emissions reduction targets.

Global e-bike innovator Zoomo raises $60M to lead commercial e-bike industry

Retrieved on: 
Monday, November 15, 2021

Grok was joined by Skip Capital, the investment office of Atlassian's other Co-Founder Scott Farquhar, as well as global CleanTech investor, ArcTern Ventures .

Key Points: 
  • Grok was joined by Skip Capital, the investment office of Atlassian's other Co-Founder Scott Farquhar, as well as global CleanTech investor, ArcTern Ventures .
  • Viola Credit is part of Viola Group , which is Israel's leading tech-focused investor with >$3 billion in assets under management.
  • Alberto Menolascina, General Manager UK at Gopuff said,"Our Zoomo e-bike fleet is critical to enabling our rapid grocery delivery promise.
  • The funding will strengthen Zoomo's goal of electrifying commercial delivery fleets, a critical step in meeting emissions reduction targets.