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Bulgaria's Eleven Capital to provide convertible loan to Metrilo

Oct 23, 2020, 2:43:23 PMArticle by Mario Tanev
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SOFIA (Bulgaria), October 23 (SeeNews) - Bulgarian investment firm Eleven Capital [BUL:11C] said that it has decided to provide a 50,000 euro ($59,000) loan to local SaaS startup Metrilo.

Bulgaria's Eleven Capital to provide convertible loan to Metrilo
Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

The investment is aimed at supporting Metrilo's current business plans, Eleven Capital said in a statement on Thursday.

The transaction has not yet been finalised.

Metrilo operates a platform which helps ecommerce brands grow by providing actionable insights based on marketing and customer data.

($ = 0.8439 euro)

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