October 6 (SeeNews) - UK-based credit-led digital bank Zvilo, which offers services in the Balkans, said on Thursday it has secured a 50 million euro ($49.5 million) debt facility from the UK's asset management company Fasanara Capital.
The funding will allow Zvilo to expand its lending to small- and medium-sized enterprises (SMEs) in the Balkans, the digital bank said in a press release.
London-headquartered Zvilo is also present in Kosovo via its unit Zvilo Factor, which provides factoring services.
($ = 1.01103 euro)