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TransferWise, a financial company for people who travel, live and work internationally, has completed a £65 million syndicated debt facility with NatWest, JP Morgan and LHV Bank to support the increasing requirements of its growing international customer base.
Launched in 2011, the London-headquartered business offers customers an easier and quicker option to manage money across borders. TransferWise has over four million customers and moves £3billion of money on behalf of customers each month.
Led by NatWest, this tailored revolving credit facility provides TransferWise with a flexible funding solution to support the Company’s current and future working capital requirements.
Matt Briers, Chief Financial Officer at TransferWise, said: “TransferWise is all about moving money around the world faster, cheaper and more conveniently. This revolving loan
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