Kompasbank secures €175m guarantee from EIF to “take on riskier lending segments” in Denmark
The three guarantees contained in the deal are supported by the EU’s InvestEU programme.
The three guarantees contained in the deal are supported by the EU’s InvestEU programme.
SME Finance CEO says the agreement with EIF allows it to offer financing to businesses “on significantly better terms”.
The EIF wants to address the blockchain and AI ‘financing gap’ in Europe.
The European Commission (EC) has pledged up to €400 million to the European Investment Fund’s (EIF) new fund-of-funds – for the money to be spent on start-ups in Europe, including in the fintech space. The EC will also look for three times more investment from institutional investors to make up to €1.6 billion available.