Brief: VEF Portfolio Company TransferGo Announces $50 Mln Series C Financing Round

Vef AB (publ)

30/09/2021 10:32

Sept 30 (Reuters) - Vef AB (publ)  VEFAB.ST :
    * VEF PORTFOLIO COMPANY TRANSFERGO ANNOUNCES USD 50 MILLION
SERIES
C FINANCING ROUND
    * AS PART OF ROUND, VEF PARTICIPATED BY WAY OF CONVERTING
ITS
OUTSTANDING BOND IN AMOUNT OF USD 2.3 MILLION AS PREVIOUSLY
COMMUNICATED.
    * FUNDING WILL BE USED TO EXPAND TRANSFERGO'S CUSTOMER BASE,
HELPING MORE MIGRANTS SEND AND RECEIVE MONEY ACROSS EUROPE, AND
DEVELOP ITS PRODUCT OFFERING IN SUPPORT OF ITS AMBITIOUS GROWTH
TARGETS

Source text for Eikon:  ID:nMFN2KxFCK 
Further company coverage:  VEFAB.ST 

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