Fintech company CapitalSage Technology raises US$4m to accelerate the company’s growth

NIGERIA – CapitalSage Technology Limited, an integrated fintech group in Nigeria, has successfully raised US$4 million (N2.2 billion) in a Series 1 Private Company Notes (PCN) issuance, under its N10 billion (US$24.30m) programme, to accelerate the company’s growth across different markets both in Nigeria and Africa. The Series 1 issuance, with a 365-day tenor, was subscribed with firm commitments from Fund managers and other institutional investors, and United Capital Plc, Nigeria’s leading financial services group, acted as Sole Adviser and Arranger on the transaction. The successful debt-financing round came on…

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